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Iran’s non-oil exports hit $12 bln over 4 months

Business Materials 4 August 2012 13:07 (UTC +04:00)

Azerbaijan, Baku, Aug.4 / Trend F.Milad /

Iran exported some $12 billion worth of non-oil goods in the first four months of this year, which began on March 20, the head of the Trade Promotion Organization of Iran (TPOI) said.

Hamid Safdel told the Mehr News Agency that the exports grew by 24.6 percent compared to the same period in last year.

Iraq, China and UAE were the main destinations for the Iranian goods, he noted.

TPOI has set the target of $75 billion for non-oil exports in this year, Safdel said in March.

Previously, the Customs Administration head announced that Iran had exported around $43.7 billion worth of non-oil goods in the past calendar year and imported some $61.8 billion worth of goods, to hit the unprecedented mark of $105 billion in annual trade.

Abbas Memarnejad said non-oil exports rose by 28 percent compared to the year before, while imports declined by 4 percent, the Fars News Agency reported.

Iran has scaled up its trade with 160 countries this year, despite being embattled with global economic sanctions, Memarnejad said in April.

He added that the non-oil trade balance decreased to $17.9 billion last year from $30.5 billion the year before.

He added that exports rose by 28 percent year on year, while imports fell by four percent.

Iran exported $43.7 billion worth of non-oil goods last year and imported $61.8 billion worth of goods, hitting the unprecedented mark of $105 billion in annual trade.

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