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Five countries share 67% of Iran’s non-oil exports

Business Materials 30 August 2016 13:48 (UTC +04:00)
Five countries including China, the United Arab Emirates, Iraq, Turkey and South Korea accounted for 67 percent of Iran’s total non-oil exports
Five countries share 67% of Iran’s non-oil exports

By Umid Niayesh – Trend:

Baku, Azerbaijan, Aug. 29

Five countries including China, the United Arab Emirates, Iraq, Turkey and South Korea accounted for 67 percent of Iran’s total non-oil exports in terms of value during the first five months of the current fiscal year (March 20-Aug. 21).

China was the main importer of the Iranian goods during the five-month period. China’s imports accounted for 17.8 percent of Iran’s total non-oil exports in terms of value and 27.3 percent in terms of volume, according to the Iranian Customs Administration’s latest monthly reported published Aug. 29.

Iran exported 13.69 million tons of non-oil goods, worth $3.405 billion to China during the first five months of Iranian fiscal year.

Iran’s non-oil exports to China witnessed a rise of 2.69 percent in terms of value, while the volume of the Islamic Republic’s non-oil exports to China rose by 31.99 percent.

Iran’s non-oil exports to South Korea witnessed a huge increase of over 2568.9 percent in the first five months of current Iranian fiscal year in terms of volume.

Iran exported 3.719 million tons of non-oil goods, worth $1.741 billion to South Korea during that period.

Tehran’s non-oil export to South Korea was 1406.9 percent more in terms of value as compared to the same period of last year.

Iran’s exports to South Korea shared 9.1 percent of country’s total non-oil exports in terms of value.

The UAE (with $2.94 billion), Iraq ($2.49 billion) and Turkey ($2.25 billion) were the other three biggest importers of Iranian goods.

The UAE and Iraq’s imports from Iran indicate a fall by 15.8 and 2.2 percent respectively. Meanwhile, the Islamic Republic’s exports to Turkey rose by 8.97 percent.

Tehran’s total non-oil exports (including condensates) surpassed $19.108 billion during the five-month period, indicating a rise of 10.22 percent year-on-year.

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