Iran's export increases by 45 percent: Official

Business Materials 14 July 2011 11:59 (UTC +04:00)

Azerbaijan, Baku, July 14 /Trend/

The volume of Iran's export increased by 45 percent during the first three months of the current solar year (started on March 20, 2011), Fars News Agency reported quoting Head of Iran Customs Administration , Abbas Memarnejad as saying.

"The volume of Iran's export, including gas condensates, valued $10 billion in first three months of current year (started on March 20, 2011). Comparing to last year the volume increased by 45 percent," he said.

The volume of Iran's import during this time was worth more than $13 billion. Comparing to last year the volume reduced by 14 percent.

During the Fifth Development Plan (2010-2015) the number of custom stations is expected to reduce or merge.

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