...

Non-oil exports from Iran's Qazvin Province decline in value and volume

Business Materials 16 October 2023 19:05 (UTC +04:00)
Movlud Suleymanov
Movlud Suleymanov
Read more

BAKU, Azerbaijan, October 16. Iran’s Qazvin Province, which is situated in the north of the country, managed to export 421,000 tons of non-oil products worth $279 million in the first half of the current Iranian year (from March 21 to September 22, 2023), Director General of Qazvin Province Customs Office Saeed Naderi said, Trend reports.

A comparison with the same period of the previous year shows that the province’s non-oil exports declined by 12.8 percent in volume and by 19.4 percent in value. In the first six months of the last Iranian year (from March 21 through September 22, 2022), the province had exported 483,000 tons of non-oil products worth $346 million.

The customs official stated that the province’s main export commodities were products such as washing powder, iron and steel shafts, molybdenum oxide, iron ingot, and others.

Naderi also said that 73 percent of the non-oil products from the region went to five countries: Iraq (26 percent), the UAE (17 percent), Pakistan (14 percent), Türkiye (11 percent), and Afghanistan (5 percent).

Overall, Iran exported 67.7 million tons of non-oil products worth over $24.1 billion in the first half of the current Iranian year (March 21 through August 22, 2023). This is an increase of 2.62 percent in value and a decrease of 29 percent in volume compared to the same period last year.

Iran's non-oil exports exclude only crude oil, mazut, and white oil. Due to the imposed sanctions, Iran cannot freely export the mentioned products. That’s why it attaches importance to the export of non-oil products.

Tags:
Latest

Latest