What countries witness major export growth to Iran?
Baku, Azerbaijan, March 18
By Gazenfer Hamidov – Trend:
The latest statistics of Iran’s customs administration indicates that Paraguay exports to Iran has registered the hugest rise during the current fiscal year, started March 2017.
The data unveils that Iran has imported goods worth $26.9912 million from the South American country during the first 11 months of the current fiscal year (March 20-Feb. 20), 3,304 percent more year-on-year.
Another South American country, Uruguay ranked second among countries with the highest export growth to Iran. The country exported goods worth $147.63 million to Iran, which is 2,404 percent more as compared to the 11-month period of the preceding year.
Ethiopia ranked third as Iran’s imports from the East Africa country increased by 2,379 percent in terms of value and stood at $33.97 million.
Nigeria ($2.89 million with a growth of 1,590 percent), Tanzania ($14 million, 808 percent), Cyprus ($31.3 million, 677 percent growth), Cote d'Ivoire ($1 million, 176 percent), Tunisia ($5.25 million, 168 percent), Latvia ($2.58 million, 157 percent) and United Kingdom ($982.3 million, 147 percent growth) are following the top-3 countries.
Besides the UK, Sweden ($656.4 million, 132 percent) and Luxemburg ($42.397 million, 113 percent) were other European countries that took place in the list.
Iran’s imports from Ghana, Qatar, Australia, Singapore, Vietnam, Zambia and Mongolia also registered a growth over 100 percent during the first 11 months of the current fiscal year.
Iran imported 33.933 million tons of goods worth $47.657 billion during the first 11 months of the current fiscal year.
The figure indicates a 23.61 percent increase in terms of value compared to the same period of the preceding year.
China was the main exporter of goods to Iran in the mentioned period. Iran imported goods worth $11.534 billion from China in the 11-month period.
After China, the UAE ($8.759 billion), South Korea ($3.292 billion), Turkey ($2.863 billion) and Germany ($2.641 billion) were other four big exporters of goods to Iran.