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Iran’s East Azerbaijan Province increases non-oil export in value and volume

Business Materials 18 November 2023 13:55 (UTC +04:00)
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, November 18. Iran’s East Azerbaijan Province in the north-west of the country, has recorded a growth in value and volume of non-oil export in the first seven months of the current Iranian year (March 21 through October 22, 2023), Customs Inspector of Iran's East Azerbaijan Province Sadegh Namdar said, Trend reports.

The customs official added that the value of the export grew by 0.14 percent, while the volume rose by 15 percent, compared to the same period of the previous year.

He also mentioned that nearly1.57 million tons of non-oil products worth $824 million were exported from East Azerbaijan Province in 7 months.

According to Namdar, the main export items included petrochemical products, steel products, dried fruits, copper products, rubber products, agricultural and food products, etc.

The official said that the main destinations were Türkiye, Iraq, Bulgaria, Azerbaijan, Georgia and Russia.

Overall, Iran’s overall non-oil exports reached $28.3 billion in value and 79.5 million tons in volume in the first seven months of the current Iranian year (March 21 through October 22, 2023). Compared to the same period of the previous Iranian year, the value of non-oil exports decreased by 1 percent, while the volume increased by 29.3 percent.

Iran’s non-oil exports do not include crude oil, mazut, and white oil, which are subject to US sanctions that prevent Iran from exporting them freely. Therefore, Iran has been focusing on increasing its non-oil exports to cope with the economic pressure.

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