Five countries share 65% of Iran’s non-oil exports in 8 months

Business Materials 28 December 2016 17:33 (UTC +04:00)

Baku, Azerbaijan, Dec. 28

By Fatih Karimov – Trend:

Five countries including China, UAE, Iraq, Turkey, and South Korea imported 65 percent of Iran's total non-oil goods in terms of value in the first eight months of current Iranian fiscal year (March 20- Nov. 21, 2016).

China was the main importer of goods from Iran in the mentioned period. The country's imports accounted for 17.8 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 $5.011 billion worth of goods to China during the 8-month period, indicating a rise by 2 percent year-on-year.

Iran also exported $4.371 billion worth of goods to the UAE (15 percent fall), which marks 15.5 percent of Iran's total exports’ value.

Iraq ($4.068 billion), Turkey (with $2.606 billion), South Korea ($2.144 billion), India ($1.885 billion), Afghanistan ($1.634 billion), Japan ($753 million), Pakistan ($506 million) and Oman ($412 million) were other top importers of Iranian goods.

Iran's exports to South Korea registered a huge rise by 708 percent in the period, meanwhile the country's exports to UAE and Turkey decreased by 19 and 3 percent.

Tehran's exports to Iraq and Oman increased by 2 and 77 percent respectively compared with the 8-month period of preceding year.

Meanwhile Afghanistan and Japan imports from Iran witnessed fall by 4 and 19 percent respectively during the same period.

Iran’s exports to Pakistan registered a rise by 28 percent, meanwhile exports to India increased by 5 percent in terms of value.

Iran’s total non-oil exports (including the gas condensate) stood at $28.117 billion in the first eight months of the current fiscal year, which indicates a 5.7-percent increase.