Iran sets $59 billion target for annual non-oil revenues

Business Materials 27 March 2013 12:19 (UTC +04:00)

Azerbaijan, Baku, Mar.27/ Trend G.Mehdi/

Iran has set a target of $59 billion in non-oil exports for the current Iranian calendar year which started on March 21, ISNA quoted Trade Promotion Organisation of Iran deputy director Kiyumars Fathollah Kermanshahi as saying.

It is hoped that non-oil exports would reach the level of imports in the current year, he added.

Non-oil exports are projected to reach $89 billion by the end of the fifth five-year national development plan (2015), he noted.

During the first 11 months of the past Iranian calendar year (started March 20, 2012), Iran exported $29.272 billion worth of non-oil commodities, excluding gas condensate.

The non-oil exports weighed 61.627 million tons, according to Press TV.

Meanwhile, Iran imported $48.387 million worth of goods over the same period. The imported commodities weighed 35.873 million tons.

China, the United Arab Emirates, Iraq, Afghanistan, India, Turkey, South Korea, Turkmenistan, Pakistan and Azerbaijan were the main importers of non-oil products from Iran.

The UAE, China, South Korea, Germany, Switzerland, the Netherlands, India, Russia, Italy and Turkey were the leading exporters of non-oil goods to Iran.