Iran mineral exports 2-time more than imports
Baku, Azerbaijan, Nov. 14
By Fatih Karimov – Trend:
Exports of Iran’s minerals and mineral industry products valued at $5.42 billion during the first seven months of the current fiscal year (March 20-Oct. 22), the country’s Industry, Mines and Trade Ministry announced.
The figure indicates a rise by 3.1 percent compared to the same period of preceding year.
The volume of exports surpassed 39.106 million tons in the 7-month period, 5.5 percent more year-on-year, according to the report.
The products covers cement, ceramic and tiles, steel and iron products, all types of stones, copper, coal and coke as well as chromium, mica, nickel, precious metals, and aluminum, molybdenum, titanium, lead and zinc chain products.
China, Iraq, Afghanistan, the United Arab Emirates, India, Kuwait, Bangladesh, Pakistan, Oman, Qatar, Thailand, Indonesia, Italy, Turkmenistan, Taiwan, Turkey, Somalia, Russia And Egypt were the main destinations for Iran’s mineral sector exports.
The Islamic Republic also imported $2.445 billion worth of mineral industry products in the period, 4.7 percent more year-on-year.
However, the volume of the imports decreased by 14.3 percent to 3.157 million in the first seven months of the current fiscal year.
China, the UAE, Turkey, India, South Korea, Switzerland, Germany, Italy, Russia, Sweden, Belgium, Spain, Australia, Bulgaria, Kazakhstan, Indonesia, Japan and Taiwan were the top exporters of minerals and mineral industry products to Iran in the 7-month period.
Iran’s non-oil trade turnover increased by 6.2 percent to $52.527 billion during the first seven months of the current fiscal year, meanwhile the country experienced a negative trade balance of $3.1 billion.