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Iran targets $41 billion annual non-oil exports

Business Materials 2 November 2011 11:51 (UTC +04:00)

Azerbaijan, Baku, Nov.2 / Trend F.Milad/

Iran has set the target of $41 billion for non-oil exports in the current Iranian calendar year (to end March 20, 2012), an official of the Trade Promotion Organization of Iran said.

Abdolhamid Asadian told the ISNA news agency that the figure planned for the first half of the year has been realized, but he did not mention the figure.

Iran exported over $24 billion worth of non-oil goods, including gas condensates, in the first seven months of the current (calendar) year, up by 35.5 percent compared to the same period last year, the Customs Administrations data shows.

.The on-oil exports, excluding gas condensates, surged 23.6 percent in the mentioned period compared with the year before, reaching $18.4 billion from $14.8 billion, the Mehr news agency reported.

The exported goods weighed around 43.8 million tons which is 10.4 percent more than previous year's figure, the report added.

Iran's non-oil export items mainly include gas condensates, mineral fuels, chemical products, plastics, fruits, nuts, fertilizers and carpets.

Iran also imported some 20.6 million tons of commodities (worth $34.5 billion) in the mentioned time span, showing a 24 percent and a 12.5 percent decrease in terms of weight and value, respectively.

Previously, Trade Promotion Organization chief Hamid Safdel had said the value of non-oil exports is expected to hit $43 billion in the current year and $50.5 billion in the year after.

Safdel also said the government backs exporters to help increase non-oil exports.

Iran's non-oil exports have increased considerably in recent years.

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