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

Business Materials 11 October 2016 13:16 (UTC +04:00)

Baku, Azerbaijan, Oct. 11

By Fatih Karimov – Trend:

Five countries including China, UAE, Iraq, Turkey, and South Korea imported 67 percent of Iran's total non-oil goods in terms of value in the first six months of current Iranian fiscal year (March 20- Sept. 21, 2016).

China was the main importer of goods from Iran in the mentioned period. The country's imports accounted for 18.4 percent of Iran's total exports in terms of value, according to the latest statistics released by Trade Promotion Organization of Iran (TPOI).

Iran exported $3.998 billion worth of goods to China during the six-month period, indicating a rise by 2 percent year-on-year.

Iran also exported $3.401 billion worth of goods to the UAE (19 percent fall), which marks 15.7 percent of Iran's total exports’ value.

Iraq ($2.976 billion), Turkey (with $2.321 billion), South Korea ($1.78 billion), India ($1.37 billion), Afghanistan ($1.163 billion), Japan ($552 million), Pakistan ($376 million) and Oman ($363 million) were other top importers of Iranian goods.

Iran's exports to South Korea registered a huge rise by 716 percent in the period, meanwhile the country's exports to UAE and Iraq decreased by 19 and 3 percent.

Tehran's exports to the Turkey and Oman increased by 9 and 87 percent respectively compared with the 6-month period of preceding year.

Meanwhile Afghanistan and Japan imports from Iran witnessed fall by 8 and 24 percent respectively during the same period.

Iran’s exports to Pakistan registered a rise by 30 percent, meanwhile exports to India remained unchanged in terms of value.

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