Iran's quarterly non-oil exports up 44%

Iran Materials 8 July 2011 11:28 (UTC +04:00)

Iran exported over $10 billion worth of non-oil goods (including gas condensates) in the first three months of the current calendar year (ended June 21).

The amount shows a 44 percent increase in comparison to the figure for corresponding period in previous year, Islamic Republic of Iran Broadcasting reported.

Iran also imported some $13.7 billion worth of commodities in the mentioned time span, marking 26 percent and 0.4 percent decrease in terms of weight and value, respectively.

Previously, the head of the Trade Promotion Organization said that the non-oil exports of the county is expected to hit $43 billion in the current Iranian calendar year (starting March 21), and the figure is also expected to top $50.5 billion in the year after.

Hamid Safdel went on to say that the government will support exporters in order to help them increase the amount of non-oil exports.

Under the government's plans, exporters will have representatives in the Supreme Council for Non-oil Exports to help remove the obstacles in the way and increase the volume of non-oil exports.

Iran's non-oil exports have increased considerably in recent years.