Iran's trade volume at threshold of $80B
TEHRAN, Iran, Feb. 18
Despite sanctions in the last 11 months, Iran made some $39 billion worth of exports and some $40 billion worth of imports, said Iran's Minister of Economy Farhad Dejpasand, Trend reports via ILNA.
"This is a good increase, compared to the same period last year," Dejpasand said.
He added that some 85 percent of Iran's imports are capital goods and intermediate goods that are vital to local producers.
“During the last 11 months, 150 types of goods were exported from the country,” he said.
“The main burden of supplying the currency needed to import the essential goods is on the shoulders of exporters,” he said.
"Given the current economic situation, one of the important corridors to circumvent sanctions is the use of bartering," he said, adding that government support the use of bartering by private sector.