Iran’ imports from Germany increases by 25%
Baku, Azerbaijan, Nov. 27
By Fatih Karimov – Trend
Iran imported 21.563 million tons of goods, worth $27.383 billion during the first eight months of the current fiscal year (started March 20, 2016).
The figure indicates a 0.94 percent increase compared to the same period of preceding year, the Iranian Customs Administration reported Nov. 27.
Iran's non-oil trade balance over the first eight months of the current Iranian fiscal year (March 20-Nov. 21) remained positive for eighth straight month and stood at $734 million.
Corn fodder worth $874 million topped the list of Iran's imported goods during the eight-month period.
After corn fodder, soybean worth $594 million, car parts worth $531 million, rice worth $520 million, and motor vehicles with internal combustion engine worth $459 million were among other main imported goods of the Islamic Republic in the first eight months of the current fiscal year.
China was the main exporter of goods to Iran in the mentioned period. Iran imported $6.469 billion worth of goods from China in the eight-month period.
After China, the UAE ($4.679 billion), South Korea ($2.148 billion), Turkey ($1.76 billion) and Germany ($1.461 billion) were among other four biggest exporters of goods to Iran.
Iran’s imports from Germany witnessed an increase by 25.21 percent during the eight-month period, meanwhile China’s exports decreased by 4.82 percent.
The Islamic Republic’s imports from the UAE, South Korea and Turkey also witnessed fall by 10.91 percent, 12.38 percent and 14.23 percent respectively.
Iran's non-oil exports (including gas condensates) increased by 5.74 percent to $28.117 billion during the first eight months of the current Iranian fiscal year.