Iran non-oil exports hit $11.85 billion in Q1
Tehran, Iran, Jul. 14
By Milad Fashtami - Trend:
Iran exported 25.518 million tonnes of non-oil goods worth some $11.859 billion in the first quarter of the current Iranian calendar year (March 21 - June 20).
The country's non-oil exports in the first three months of the previous calendar year were $9.838 billion.
Iran Customs Administration's latest report suggests that the country also imported 9.755 million tonnes of goods worth $12.386 billion in the first quarter of current year.
The country's total trade amounted to $24.245 billion in the mentioned period, which shows 27 percent increase compared to the same period of time last year.
According to Iran Customs Administration, the country's total non-oil exports to foreign countries (excluding gas condensates) stood at $31.332 billion in previous year (which ended on March 20), while the country's total imports amounted to $50.818 billion.
The figures mark annual trade balance of -19.486 billion dollars 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).