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Iranian oil revenues hit $80 bln in ten months

Iran Materials 6 February 2012 17:02 (UTC +04:00)

Azerbaijan, Baku, Feb. 6 / Trend F.Milad/


The Iranian Customs Administration head has announced that the country's oil revenues in the first 10 months of the current calendar year, which began on March 21, stood at around $80 billion.

Abbas Memarnejad added that taking incomes of non-oil and service exports into account, the country's 10-month revenues have surpassed $118 billion, according to the Jahan-e Sanat daily.

The customs administration has released a report on Iran's trade during the first 10 months of the current calendar year, showing that non-oil exports amounted to 61,931 tons, worth 35.137 billion, compared to 57,852 tons during the same period last year.

Meanwhile, imports stood at 30,607 in weight and 50.369 billion in value in the current year's first 10 months. The figures were 37,603 tons and 53.445 billion in the same period last year, respectively.

The UAE, China, South Korea, Germany, and Turkey were the main exporters of goods to Iran accounting to 32.68 percent, 11.61 percent, 7.74 percent, 5.91 percent, and 5.51 percent shares, respectively.

Trade Promotion Organization Director Hamid Safdel said the value of non-oil exports is expected to hit $43 billion this year, and $50.5 billion the year after, a $4.5 billion decrease from his deputy's figure. China, the UAE, and Iraq are the main importers of Iranian goods.

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