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China accounts for 52% of Iran’s non-oil exports

Business Materials 17 January 2015 17:38 (UTC +04:00)

Baku, Azerbaijan, Jan. 17

By Fatih Karimov - Trend: China accounted for 52 percent of Iran's non-oil exports in 2014.

Abbas Khaleqitabar, an official with Iran's Industry, Mining, and Trade Ministry, said Iran-China trade hit $52 billion in 2014, a 35 percent rise year on year, Iran's ISNA news agency reported on Jan. 17.

Iran exported $28 billion of goods to China in 2014, he noted.

Exports of China to Iran rose by 80 percent and exports of Iran to China rose by 10 percent in 2014, he said.

Detergents, dried fruits, raisin, almond, saffron, and seafood are among the main items exported to China, he added.

In Feb. 2014, Iran and China signed an agreement finalizing a roadmap to double bilateral trade over the course of three years.

Establishing an industrial park in Iran and creating a joint shipping line were part of the roadmap.

In June 2014, Trade Promotion Organization of Iran Director Valiollah Afkhami-Rad said Iran's annual non-oil exports were projected to rise by 50 percent and hit $47 billion in the current Iranian calendar year, ending on March 20, 2015.

The two countries expressed interest in boosting cooperation in a wide range of areas, such as the industrial, oil, gas, petrochemical, mining, banking, transportation, energy, communications, and information technology sectors.

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