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China remains main market of Iran’s goods

Business Materials 4 December 2014 12:37 (UTC +04:00)

Baku, Azerbaijan, Dec. 4

By Umid Niayesh - Trend:

Iran exported 27.798 million metric tons of non-oil goods, worth $7.495 billion to China during the first ten months of 2014.

China was the main importer of Iranian goods in the mentioned period. Beijing's imports accounted for 26.83 percent of Iran's total non-oil exports in terms of value and 41.89 percent in terms of volume, according to Iranian Customs Administration latest monthly report published Dec. 4.

Iran's non-oil exports to China witnessed an increase of 31.57 percent in terms of value, meanwhile the volume of the Islamic Republic's non-oil exports registered a rise of only 3.72 percent year on year.

After China, Iraq (with $4.89 billion), the United Arab Emirates (with $3.143 billion), Afghanistan (with $1.995 billion) and India (with $1.705 billion) were the other four biggest importers of Iranian goods.

The five countries imported 68.82 percent of Iran's total non-oil exports in terms of value and 77.7 percent in terms of volume in the first ten months of the current year.

The UAE's imports from Iran indicates an increase by 5.42 percent, meanwhile the Islamic Republic's exports to India and Afghanistan has fallen by 19.98 percent and 8 percent respectively.

Iran's exports to Iraq also witnessed a 5.17 percent decline during the period in comparison with the first ten months of 2013.

Tehran's non-oil exports (excluding condensates) surpassed $27.941 billion during the first ten months of 2014, indicating a 7.27 percent increase year on year.

Iran's overall non-oil trade turn over stood at $74.319 billion in the mentioned period.

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