Iran’s non-oil exports hit $9B in 1Q15

Business Materials 5 May 2015 12:53 (UTC +04:00)

Baku, Azerbaijan, May 5

By Umid Niayesh - Trend:

Iran's non-oil exports (excluding condensates) surpassed $9.1 billion during the first quarter of 2015, indicating an increase by 12.75 percent compared to the same period of the preceding year.

Iran exported some 18.446 million metric tons of non-oil goods during that period which is 14.29 percent less compared with the first three months of 2014, the Iranian Customs Administration said in its latest monthly report published May 5.

Liquefied propane worth $561 million, grid polyethylene film worth $381 million, and methanol worth $366 million topped the list of Iran's exported non-oil goods.

Liquefied propane exports registered a 20.4-percent increase compared to the first three months of 2014 in terms of value, meanwhile exports of grid polyethylene film and methanol witnessed increase by 31.2 percent and 108.4 percent respectively.

Iran's overall exports excluding the three mentioned goods increased by 9.14 percent in terms of value and witnessed a 20 percent decrease in terms of volume compared to the 3-month period of 2014.

The average price for each one metric ton of Iran's non-oil goods in the mentioned period was around $492, which is 31.6 percent more than in the previous year.

Iran's overall non-oil trade turn over stood at $21.18 billion during the first three months of 2015.

The figure indicates a fall by 10.3 percent in comparison with $23.365 billion trade turn over during the first quarter of 2014.