Iran's exports decrease

Business Materials 24 November 2020 10:20 (UTC +04:00)
Iran's exports decrease

BAKU, Azerbaijan, Nov. 24

By Elnur Baghishov – Trend:

Iran's exports decreased by 19 percent in terms of value and 14 percent in terms of volume during the first eight months of the current Iranian year (from March 20 through November 20, 2020) compared to the same period last Iranian year, Director General of Islamic Republic of Iran Customs Administration (IRICA), Mehdi Mirashrafi said, Trend reports citing IRICA.

Mirashrafi noted that Iran exported 75 million tons of goods worth $21.5 billion over the reporting period.

The director-general stressed that Iran exported goods worth $5.3 billion to Iraq, worth about $5.3 billion to China, and worth $2.7 billion to the United Arab Emirates within 8 months.

“In addition, Iran exported $1.6 billion worth of goods to Turkey and $1.5 billion worth to Afghanistan in eight months,” he added.

Mirashrafi also said that the average price of Iran’s exported goods per kilogram is about 30 cents. While the price of pistachios exported by Iran was more than $6 per kilogram.

According to the director-general, Iran's foreign trade turnover amounted to 97.7 million tons worth $44.6 billion in the first eight months of the current Iranian year.