Iran’s exports to reach 59 billion dollars by year end
Azerbaijan, Baku, Jul.1/ Trend R.Zamanov
Iran plans to export 59 billion dollars' worth of goods and technical services in the current calendar year which ends on March 20, 2014, Deputy Director of the Trade Promotion Organisation of Iran Kioumars Fathollah Kermanshahi said.
Fathollah Kermanshahi went on to note that exporting goods would account for 41 billion dollars of the mentioned amount, the IRIB News Agency reported.
"Iran's total non-oil trade was over 12 billion dollars in the first two months of the current year which began March 21," he said adding that the country's exports accounted for six billion dollars of the mentioned figure.
"Iran's exports in the mentioned period were 1.9 per cent less than the same period of time previous year," Fatohallah Kermanshahi explained.
The Fas News Agency reported on June 30 that five countries imported 69 per cent of Iran's total non-oil exports in terms of value, in the first four months of 2013.
China, Iraq, the United Arab Emirates, Afghanistan and India are the five mentioned.
Iran exported 24.309 million tons of goods worth 10.178 billion dollars in the same period.
The average price for each ton of Iranian goods was around 419 dollars in the four month period which is 15.99 per cent more than the same period in the previous year.
Iran exported 2.136 and 2.02 billion dollars' worth of goods to China and India, respectively in the mentioned period.
Iran also imported 11.109 million tons of goods worth 15.41 billion dollars at the same time.
The IRNA News Agency reported on Mar.26 that Asia accounted for 92 per cent of Iran's total exports in the previous calendar year which ended on March 20.
Iraq, China, the United Arab Emirates, Afghanistan, India, Turkey, South Korea, Turkmenistan, Pakistan and Azerbaijan were the main destinations for the Iranian goods, IRNA reported. Europe also accounted for five per cent of Iran's exports.
Iran had non-oil trade with 196 countries in the previous year.
The country's balance of trade with 97 countries such the United Arab Emirates, South Korea, Switzerland, Turkey and China was negative in the mentioned period, the ISNA News Agency reported on March 6.
Tehran's balance was also positive with 99 countries, including Iraq, Afghanistan, India, Turkmenistan and Pakistan.
The balance of trade or net exports is the difference between the monetary value of exports and imports of output in an economy over a certain period. It is the relationship between a nation's imports and exports.