Iran’s imports from UAE increases 56%
Baku, Azerbaijan, Nov. 3
By Umid Niayesh - Trend:
Iran has imported 6.824 million metric tons of goods, worth $10.463 billion from the United Arab Emirates during the first nine months of 2014.
The UAE exports to Iran witnessed an increase of 55.96 percent in terms of value, meanwhile the volume of the Islamic Republic's imports from the UAE registered an 85.88 percent rise year on year, the Islamic Republic's Customs Administration said Nov. 3 in its latest monthly report.
Iran purchased 69.19 percent of its total imported goods in the first nine months of 2014 from five countries - The United Arab Emirates, China, India, South Korea and Turkey.
Iran's imports from the UAE accounts for 24.82 percent of its total imports in terms of value.
The country also imported 4.041 million metric tons of goods worth $9.27 billion from China, which marks 21.99 percent of Iran's total imports' value.
Iran's imports from China witnessed 61.33 and 60.31 percent rise respectively in terms of value and volume in comparison with the first nine months of 2013.
India, South Korea and Turkey respectively exported $3.332 billion, $3.112 billion, and $2.989 billion worth of goods to Tehran.
India and Turkey's exports value to Iran have increased by 21.81 percent and 15.29 percent respectively during the period, meanwhile the exports of South Korea to the country indicates a rise of 3.37 percent compared with the same period of preceding year.
While the volume of exports from South Korea to Iran has fallen by 23.41 percent, India's exports to the Islamic Republic increased by 34.7 percent in terms of volume. The volume of Turkey's exports to Iran has increased by 18.6 percent during the 9-month period.
Iran imported $42.149 billion worth of goods during the first nine months of 2014, which indicates a rise by 27.52 percent, compared to the same period of the preceding year.
The Islamic Republic imported some 30.557 million metric tons of goods during that period which is 34.43 percent more compared to the first three quarters of 2013.
Edited by CN