Iran’s technical-engineering exports surpass $2 billion

Business Materials 1 December 2012 10:55 (UTC +04:00)

Azerbaijan, Baku, Dec.1/ Trend G.Mehdi/

Iran exported $2.12 billion worth of technical and engineering services in the first seven months of the current Iranian calendar year, which began on March 20, IRNA reported on Saturday.

During the same period of time, $19.7 billion worth of non-oil goods (excluding gas condensates) were exported to China, the United Arab Emirates, Iraq, India, Afghanistan, Indonesia, Turkey, Turkmenistan, Pakistan, and South Korea, according to the report.

Meanwhile, $31.7 billion worth of goods were imported from the United Arab Emirates, China, South Korea, Germany, Russia, the Netherlands, Singapore, India, and Turkey.

Alireza Kadkhodaii, an official with the association of Iranian exporters, has said that the economic crisis in the West is a welcome opportunity for Iranian companies to expand exports of services.

Iran has exported over $20 billion worth of technical and engineering services over 2001-2011, head of the Trade Promotion Organization of Iran, Hamid Safdel said.

Safdel added that the exports were mainly related to power, industry, road, and petrochemical sectors.