Some 70% of Iran ’s none-oil exports go to 5 countries

Business Materials 30 June 2015 17:48 (UTC +04:00)

Baku, Azerbaijan, June 30

By Umid Niayesh - Trend:

Iran exported 10.5 million metric tons of non-oil goods, worth $3.4 billion to China during the first five months of 2015.

Iran's non-oil exports to China witnessed a fall of 13 percent in terms of value, meanwhile the volume of the Islamic Republic's non-oil exports to China decreased by 38.4 percent, according to Iranian Customs Administration latest monthly report published June 30.

China was the main importer of Iranian goods in the mentioned period. Beijing 's imports accounted for 23 percent of Iran's total non-oil exports in terms of value and 33 percent in terms of volume.

After China, Iraq (with $2.55 billion), the UAE (with $2 billion), India ($1.23 billion) and Turkey (with $986 million) were the other four biggest importers of Iranian goods.

The five countries imported 69.1 percent of Iran 's total non-oil exports in terms of value in the first five months of the current year.

The UAE's imports from Iran indicate an increase by 31.1 percent, meanwhile the Islamic Republic's exports to Turkey and India has witnessed a rise by 26.4 percent and 54.8 percent respectively.

Iran's exports to Iraq also witnessed a tiny rise of 0.3 percent during the period in comparison with the first five months of 2014.

Tehran's non-oil exports (excluding condensates) surpassed $14.77 billion during the first five months of 2015, indicating an increase by 6.8 percent year on year. Iran 's overall non-oil trade turn over stood at $34.51 billion during the period.

Edited by CN

Follow the author on Twitter: @UmidNiayesh