Iran’s radar, navigation devices imports up by 7431%
Baku, Azerbaijan, Oct. 10
By Fatih Karimov – Trend:
Iran imported $20.31 billion worth of goods during the first half of its current fiscal year (March 20-Sept. 21, 2016), which indicates a 2.6 percent decline, compared to the same period of the previous year.
Iran imported some 15.788 million tons of goods during that period which is 8 percent less compared to March 20- Sept. 21, 2015, according to the latest statistics released by Trade Promotion Organization of Iran.
Cars worth $837 million topped the list of Iran's imported goods with 4.1 percent share from the country's total imports' value. Iran's car imports indicate a rise by 68 percent year on year.
After cars, car parts worth $821 million, radar and radio navigation devices worth $539 million, soybean worth $503 million, rice worth $476 million, medical drugs worth $451 million, corn fodder worth $428 million were other main imported goods of the Islamic Republic.
Import of radar and radio navigation devices registered a huge increase by 7431 percent in the first half of the current fiscal year, compared to the same period of the preceding year. Radar and radio navigation devices shared 2.7 percent of the country’s overall imports in terms of value.
Tehran's car part import increased by 36 percent in terms of value, meanwhile corn fodder imports indicated a fall by 35 percent in terms of value year on year.
The country's rice imports witnessed a rise by 17 percent in terms of value, however the value of the imported drugs registered a fall by 15 percent, according to the report.
The soybean imports also registered a rise by 14 percent year on year.
The average price for each ton of Iran's imported goods in the mentioned period was $1286, which is 6 percent more than the previous year.