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Iran’s import and export face decrease

Business Materials 25 January 2014 13:10 (UTC +04:00)

Baku, Azerbaijan, Jan. 25

By Umid Niayesh - Trend:

Iran's non-oil goods trade balance (including condensate) has faced $3.808 billion deficit for the first ten months of the current solar year (started on March 21, 2013).

Iran exported 75.510 million tons of non-oil goods, worth $33.788 billion during the first ten months of the current year, which indicates a 15.33 percent increase and a 2.55 percent decrease in terms of volume and value, respectively, compared to the first ten months of the last solar year, according to the Iranian Custom Administration's latest monthly report released on Jan. 24.

China was the main target of Iran's exported goods during the period.

Iran has exported some $5.905 billion, $4.790 billion, $2.923 billion, $2.128 billion and $2.022 billion worth of goods to China, Iraq, the UAE, India and Afghanistan respectively during the period.

Iran exported 70.383 million tons of non-oil goods, worth $28.242 billion during the first eleven months of the 2013, which indicates a 10.93 percent increase and a 9.84 decrease in terms of volume and value respectively compared to the first eleven months of 2012.

Iran has imported 25.608 million tons of goods worth $37.596 billion in the first ten months of the current solar year.

The figures indicate a decrease by 21.39 percent in terms of volume and a 14.65 percent fall in terms of value compared to the same period of last year.

The UAE topped the list of countries exporting the goods to Iran for the first ten months of the current solar year.

Iran has imported some $7.985 billion, $7.356 billion, $3.298 billion, $3.048 billion and $2.901 billion worth of goods from the UAE, China, India, South Korea and Turkey respectively during the period.

The mentioned countries shared 65.4 percent of Iran's total imports during the ten-month period.

Iran imported 28.381 million tons of goods worth $41.431 billion for the first eleven months of 2013.

The figures indicate a decrease of 26.5 percent in terms of volume and a 21.66 percent fall in terms of value compared to the same period of last year.

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