BAKU, Azerbaijan, December 26. The value of Iran’s total imports rose by 12.3 percent and reached $48.4 billion in the first nine months of the current Iranian year (March 21 through December 21, 2023), said Mohammad Rezvanifar, director general of the Islamic Republic of Iran Customs Administration (IRICA), Trend reports.
Of the mentioned amount, $60 million accounted for the country’s electricity imports, the director general stated.
Rezvanifar added that the volume of Iran's total imports also grew by 7 percent compared to the same period last year and reached 28.7 million tons.
According to him, the top import items were corn feed (worth $2.8 billion), mobile phones (worth $2 billion), and soybean seeds (worth $1.5 billion).
“In nine months, Iran’s top import destinations were the UAE ($15 billion), China ($13.7 billion), Türkiye ($5.3 billion), Germany ($1.6 billion), and India ($1.4 billion),” he said.
As for Iran’s total trade turnover, the deputy minister also pointed out that Iran’s trade turnover increased by 7 percent in value and reached $112 billion. Iran had a trade surplus of $15.5 billion in the first nine months of the year.
In general, Iran mainly focuses on the import of essential products needed by the country and applies certain restrictions on the import of goods produced domestically.
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