Eurasian markets share 97.5% of Iran ’s non-oil exports

Business Materials 3 March 2015 13:38 (UTC +04:00)

Baku, Azerbaijan, Mar. 3

By Umid Niayesh - Trend:

About $30.167 billion of Iran's total $32.633 billion worth of non-oil exports (excluding condensates) accounted to Asian countries during the first 11 months of the current Iranian fiscal year (March 21, 2014-Feb. 20), indicating an increase of 15.1 percent year on year.

The figure accounts for 92.44 percent of the country's total non-oil exports, said Iranian Customs Administration's latest monthly report released March 2.

Iran exported some 67.34 million metric tons of non-oil goods to Asian countries during that period which is five percent less compared the 11-month period of last year.

Meanwhile Iran 's exports to Europe registered a 29.75 percent increase in terms of value and stood at $1.638 billion during the period. European markets shared 5 percent of Tehran 's total non-oil exports' value during the first 11 months of the current fiscal year.

Iran's exports to Africa and America stood at $678 million and $126 million respectively, 14.25 percent and 17.76 percent less compared to the same period of preceding year (March 21, 2013 - Feb. 20, 2014).

The Islamic Republic exported $25 million worth of goods to Oceania in the 11-month period, 65.86 percent more year on year.

China was the main market of Iranian goods in Asia with $8.54 billion worth of imported goods, meanwhile Italian markets were the main European target of Iran 's non-oil exports ($451 million).

Egypt was top African importer of Iranian goods in the 11-month period with $471 million worth of imports in the period.

Brazil ($68 million) and Australia ($23 million) were also the top markets of Iran 's exported goods in America and Oceania respectively.

The Islamic Republic's non-oil exports (excluding condensates) stood at $32.633 billion, while imports accounted for $48.258 billion.

Iran's overall non-oil trade turn over stood at $94.564 billion during the period.

Edited by CN

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