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Transit of goods via Iran up 35 percent

Business Materials 28 February 2011 05:11 (UTC +04:00)
About 8.382 million tons of goods worth $26.27 billion have been transited via Iran in the first ten months of the current Iranian calendar year (March 21, 2010 to February 21, 2011), Press TV reported.
Transit of goods via Iran up 35 percent

About 8.382 million tons of goods worth $26.27 billion have been transited via Iran in the first ten months of the current Iranian calendar year (March 21, 2010 to February 21, 2011), Press TV reported.

The figures indicate a 47-percent rise in weight and a 35-percent rise in value against the corresponding period of the previous year, IRNA reported on Sunday.

Iraq with 1,800,000 tons of goods, China with 1,266,000, and Turkmenistan with 924,000 tons of commodities had the higher amounts of goods transited via Iranian territories.

According to the International Monetary Fund (IMF), Iran is the third country in the Middle East and Central Asia in terms of export and import.

In its latest report themed 'Regional Economic Outlook: Middle East and Central Asia,' the IMF said that Iran's exports of goods and services in 2010 would amount to $95 billion.

This figure marks a $7.9 billion increase compared to the same period last year. It forecasts that in 2011 the volume of Iran's goods and services exports will increase to $98 billion.

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