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Iran's non-oil exports continue to rise despite sanctions - official

Business Materials 23 October 2012 14:33 (UTC +04:00)

Azerbaijan, Baku, Oct.23/ Trend F.Milad/

Despite western sanctions, Iran's non-oil exports value continues to rise each year by at least 10 billion dollars, the executive director of the Tehran Permanent Fairground Mahmoud Haqverdi said on Tuesday, IRNA reported.

Talking during the Paris international food exhibition, SIAL Paris 2012, he added that Iran annually exports over 50 million euros of non-oil goods.

Iranian exhibitors from 32 companies have taken part in the exhibition.

Iran exported 37 million tons of non-oil goods worth 21 billion dollars in the first six months of current Iranian calendar year which began March 20, Deputy Industry, Mine and Trade Minister Hamin Safdel said earlier.

Iran's non-oil exports (including gas condensates) valued in an eight-year period are projected to exceed 25 billion dollars by the end of May 2013, Minister of Industry, Mine and Trade Mehdi Ghazanfari said.

Iran exported over 21 billion dollars' worth of gas condensates in the first six months of the current Iranian calendar year which began March 20, the IRNA news agency quoted Ghazanfari as saying.

The amount shows a 30 per cent increase compared to the same period the previous year.

Exports of processed goods from Iran are projected to hit $340 million in the current Iranian calendar year which ends on March 20, 2013, the Mehr News Agency quoting an official with the Ministry of Agricultural Jihad as saying. Alireza Pourbasir added that the value of exported goods stood at $265 million last year.

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

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