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Iran’s trade balance improved by $6.2 billion

Iran Materials 8 April 2013 13:11 (UTC +04:00)
Iran’s balance of trade in the past Iranian calendar year, which ended on March 20, improved by $6.3 billion compared to the year which ended in March 2012, the Fars News Agency quoted Iranian Customs Administration Director Abbas Memarnejad.
Iran’s trade balance improved by $6.2 billion

Azerbaijan, Baku, Apr.8/ Trend G.Mehdi/

Iran's balance of trade in the past Iranian calendar year, which ended on March 20, improved by $6.3 billion compared to the year which ended in March 2012, the Fars News Agency quoted Iranian Customs Administration Director Abbas Memarnejad as saying.

Exports amounted to $41.5 billion, while imports stood at $53.3 billion in the past year. The trade balance decreased to $11.8 billion compared to $18 billion in the year which ended in March 2012.

In January, Trade Promotion Organization of Iran Director Hamid Safdel stated that Iran's non-oil exports in the current Iranian calendar year, which started on March 21, is predicted to hit $59.5 billion.

Exports of mineral, agricultural, industrial, and petrochemical products are seen to add up to $41 billion, the Mehr News Agency quoted Safdel as sayingy. The value of technical and engineering exports is estimated to be around $5.5 billion, he added.

Exports of other goods, including gas condensates, are envisaged to reach $13 billion, he noted.

Iran is currently in trade with 151 countries, he noted.

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