Iran has $11 bln deficit in non-oil trade balance

Business Materials 19 September 2011 17:05

Azerbaijan, Baku, Sept. 19/Trend A. Qurbanova/

Iran's non- oil trade balance in the first five months of this year is just below $11.067 billion, the Fars News Agency reported.

The exports of non-oil commodities without gas condensates increased to 26,404 tons or $12.768 billion, which indicate 5.81 percent growth in weight and 22.84 percent in value.

The government plans to export $45 billion non-oil goods and technical services in current year.
China is the first destination for Iran's non-oil exports while Iraq, UAE and India stands on lower levels, around 60 percent of country's non-oil goods exported to the following countries while 60 percent of Iran's imported goods are from UAE, Germany, China, Turkey, Korea and Switzerland.