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China main target of Iran’s non-oil exports in 2014

Business Materials 4 February 2015 17:21 (UTC +04:00)

Baku, Azerbaijan, Feb. 4

By Umid Niayesh - Trend:

Iran exported 33.244 million metric tons of non-oil goods, worth $9.266 billion to China in 2014, according to Iranian Customs Administration's detailed monthly report published Feb. 4.

China was the main importer of Iranian goods in the mentioned period. Beijing's imports accounted for 26.64 percent of Iran's total non-oil exports in terms of value and 40.92 percent in terms of volume.

Iran's non-oil exports to China witnessed an increase of 35.69 percent in terms of value, meanwhile the volume of the Islamic Republic's non-oil exports registered a rise of only 3.29 percent year on year.

After China, Iraq (with $6.091 billion), the United Arab Emirates (with $3.738 billion), Afghanistan (with $2.432 billion) and India (with $2.186 billion) were the other four biggest importers of Iranian goods.

The five countries imported 68.19 percent of Iran's total non-oil exports in terms of value and 77.78 percent in terms of volume in 2014.

The UAE's imports from Iran indicates an increase by 6.6 percent, meanwhile the Islamic Republic's exports to India and Afghanistan has fallen by 13.31 percent and 4.88 percent respectively.

Iran's exports to Iraq also witnessed a 0.37 percent decline during the period in comparison with 2013.

Tehran's non-oil exports (excluding condensates) surpassed $34.777 billion in 2014, indicating a 11.88 percent increase year on year.

Iran's overall non-oil trade turn over stood at $90.297 billion in the mentioned period.

Follow the author on Twitter: @UmidNiayesh

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