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Iran’s non-oil trade balance stands at $1.77B

Business Materials 25 January 2016 11:41 (UTC +04:00)

Baku, Azerbaijan, Jan. 25

By Fatih Karimov- Trend:

Iran's non-oil trade balance remained positive for tenth consecutive month as the figure stood at $1.77 billion from the beginning of the current Iranian fiscal year (March 21, 2015) to Jan. 21.

Iran's non-oil exports (including condensates) surpassed $35.613 billion during the first ten months of the current fiscal year (March 21, 2015-Jan. 21, 2016), indicating a fall by 15.87 percent compared to the same period of the preceding year, the Iranian Customs Administration reported Jan. 25.

The exported goods were mainly raw material, as Petroleum gases and gas hydrocarbons, liquefied propane and bitumen topped the list of country's exports.

China, Iraq, the UAE and Afghanistan were the top Iranian goods importers during the 10-month period.

The Islamic Republic also imported $33.843 billion worth of goods during the period, 22.32 percent less in comparison with the same months of preceding year .

The most important imported goods by Iran were: livestock corn with 3.4 percent share of overall imports, wheat (2.9 percent share), soybean meal (1.84 percent), rice (1.71 percent) and car parts (1.61 percent).

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