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Tehran-Washington non-oil trade value hits $10 mln

Business Materials 18 June 2014 10:36 (UTC +04:00)

Tehran, Iran, Jun. 18
By Milad Fashtami - Trend:

The non-oil trade value between Iran and the United States surpassed $10 million in the first two months of the current Iranian calendar year (March 21 - May 20).

Iran's Customs Administration's latest report says that Tehran's non-oil imports from Washington accounted for $10.1 million of the two counties' total trade value, Iran's ISNA News Agency reported.

Washington exported 541 tons of goods to Iran in the mentioned period.

Iran also exported 1.4 tons of non-oil goods worth $177,778 to the United States in the two-month period.

Iran's Customs Administration's latest report says that the country's total non-oil exports to foreign countries (excluding gas condensates) stood at $31.332 billion in the previous year (which ended on March 20), while the country's total imports amounted to $50.818 billion.

The figures mark an annual trade balance of $19.486 billion for Iran.

Iran's annual trade turnover is projected to reach $160 billion by the end of the fifth five-year development plan (March 2016).

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