Iran reveals stats on its most imported goods

Business Materials 31 January 2017 12:34 (UTC +04:00)

Baku, Azerbaijan, Jan. 31

By Fatih Karimov – Trend:

Iran imported $31.538 billion worth of goods during the first nine months of its current fiscal year (March 20-Dec. 21, 2016), which indicates a 4.4 percent increase, compared to the same period of the previous year.

Iran imported some 24.867 million tons of goods during that period which is 3.6 percent less compared to March 20- Dec. 21, 2015, according to the latest statistics released by Trade Promotion Organization of Iran.

Car parts worth $1.279 billion (32 percent increase), cars worth $1.247 billion (74 percent increase), radar and radio navigation devices worth $907 million, corn worth $872 million, medical drugs worth $723 million, phones and modems worth $659 million, soybean worth $656 million, and rice worth $524 million were the main imported goods of the Islamic
Republic in the nine-month period.

Import of radar and radio navigation devices registered a huge increase by 7,403 percent in the first nine months of the current fiscal year, compared to the same period of the preceding year. Radar and radio navigation devices shared 2.9 percent of the country’s overall imports
in terms of value.

Tehran's soybean imports registered a rise by 12 percent in terms of value, meanwhile corn imports indicated a fall by 19 percent in terms of value year on year.

The country's rice imports witnessed a rise by 3 percent in terms of value, however the value of the imported drugs registered a fall by 7 percent, according to the report.

The average price for each ton of Iran's imported goods in the mentioned period was $1268, which is 8 percent more than the previous year.