Baku, Azerbaijan, Aug. 10
By Fatih Karimov – Trend:
Iran’s imports from China decreased by 16.47 percent and 16.97 percent in terms of value and volume, respectively, year-on-year during the first four months of current fiscal year (March 20-July 20), according to the Iranian Customs Administration’s latest report.
China was the main exporter of goods to Iran in the mentioned period. Beijing’s exports accounted for 22.86 percent of Iran’s total imports in terms of value and 13.88 percent in terms of volume.
Iran imported 1.382 million tons of goods, worth $2.94 billion, from China during the four-month period.
In the mentioned period, the Islamic Republic purchased almost 60 percent of its total imported goods from five countries – China, the United Arab Emirates, South Korea, Turkey and India.
Iran imported 1.5 million tons of goods, worth $2.1 billion, from the UAE, which makes up 16.3 percent of Iran’s total imports’ value.
Iran’s imports from the UAE witnessed a 30.96-percent fall in terms of value and a 37.26-percent decrease in terms of volume as compared to the same period of preceding year.
Turkey and South Korea exported $863 million and $934 million worth of goods to Iran, respectively.
Iran’s imports from Turkey registered a fall by 18.5 percent, meanwhile South Korea’s exports to the Islamic Republic decreased by 26.2 percent in terms of value year on year.
Iran’s imports from India registered a fall by 3.9 percent in terms of value to $812 million during the first four months of the current Iranian fiscal year.
Iran imported 9.958 million tons of goods, worth $12.865 billion, during the four-month period, which is 7.12 percent less in terms of value as compared to the same period of preceding year.