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India main export destination for Iran's North Khorasan province

Business Materials 16 January 2019 15:02 (UTC +04:00)

Baku, Azerbaijan, Jan. 16

By Elnur Baghishov - Trend:

In the first nine months of the current Iranian year (started March 21, 2018), India ranked first among the export destinations of Iran's North Khorasan province, Chairman of North Khorasan Chamber of Commerce, Industries, Mines and Agriculture Mohammad Samadi said, Trend reports via IRNA.

He noted that Afghanistan accounts for 18.5 percent of the province's exports, and the list is followed by Myanmar with 15.8 percent, Iraq with 7.8 percent, Turkmenistan with 4.5 percent and the rest of the countries accounted for 23.4 percent altogether.

During the reported period, exports of North Khorasan reached 282,000 tons in terms of weight and $75.3 million in terms of value, Samadi said.

The province's exports should reach $160 million by the end of the current Iranian year and so far, only 47 percent of the plan has been met, he said, adding that compared to the same period of the previous Iranian year, the exports of North Khorasan has decreased by 22 percent in terms of value and 34 percent in terms of weight.

Main exports of the province are petrochemicals (carbamide, melamine, ammonia), steel and rubber products, cement, foodstuff, agricultural products and building materials, Samadi said.

In the meantime, the goods exported, during the reported period, via North Khorasan's own customs reached 79,200 tons in terms of weight and $27.3 million in terms of worth, he added.

He also noted that during the reported period, 3,500 tons of goods worth $14.9 million were imported to the province. Compared to the same period of the previous year, the imports of the province increased by 86.2 percent in terms of value and 2.94 percent in terms of weight, he said.

North Khorasan's imports mainly came from China, Pakistan, Turkey, Canada and Russia, he added.

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