Official: Iran holds 0.5-0.6 per cent share of world trade
Azerbaijan, Baku, Sep.23/ Trend F.Karimov/
Iran currently holds a 0.5-0.6 share of world trade, ISNA quoted Trade Promotion Organisation of Iran Deputy Director Kiyumars Fat'hollah Kermanshahi as saying.
The figure is projected to increase to one per cent, he added.
World trade totals 36 trillion dollars annually, he said, adding that some of the plans which had been developed for boosting non-oil exports have been shelved due to the budget deficit.
On September 16, ISNA quoted Iran's Chamber of Commerce, Industry and Mine Chairman Asadollah Asgaroladi as saying that Iran's non-oil exports will certainly stand between $37-38 billion in the current Iranian calendar year which will be far less than the projected figure of $60 billion.
This year's national budget bill has envisaged that non-oil exports will reach $60 billion. However, the value of exports will hardly reach $40 billion, he said.
Non-oil exports stood at $18 billion in the first half of the current Iranian calendar year which began on March 21, Asgaroladi added.
The figure showed an eight per cent drop year on year, he said.
China, Iraq, the UAE, Afghanistan and India were the top five importers of Iranian goods during the first five months of the current Iranian calendar year (March 21-August 22), according to the Iranian Customs Administration.
Exports of Iranian goods to these countries amounted to $2.540 billion, $2.365, $1.436 billion, $1.188 billion and $915 million in the five month period respectively.
Exports to the five countries accounted for 80 per cent of Iran's total exports in weight and 70 per cent of the country's exports in value.
Meanwhile, the UAE, China, and India were the main exporters of goods to Iran during the same period so that they exported $3.214 billion, $3.02 billion, and $1.614 billion to Iran respectively.
Rice, fodder corn, wheat and steel ingots were the main goods exported to Iran.
Iran exported around $43.7 billion worth of non-oil goods in the previous Iranian calendar year and imported about $61.8 billion worth of non-oil goods to hit the unprecedented mark of $105 billion in annual trade.