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Iran’s imports based on sectors

Business Materials 26 December 2017 17:47 (UTC +04:00)

Baku, Azerbaijan, Dec. 26‎

By Fatih Karimov – Trend:

Industrial products ranked first among the Iranian imports in terms of value during the first seven months of the current Iranian fiscal year (March 20-Oct. 22).

A report by Iran’s ministry of Industry, Mine and Trade indicate that the Islamic Republic has imported $23.09 billion worth of industrial products in the 7-month period.

The figure indicates a rise by 14.3 percent year-on-year.

Agricultural products rank second among Iranian imports, after industry sector products and accounted for $2.974 billion, registering a 8.9 percent increase compared to the first seven months of the preceding year.

The country’s agricultural imports accounted to $400 million in the seventh Iranian calendar month (Sept. 22-Oct. 22), 13.5 percent less compared to the preceding month.

The country’s industrial products’ imports in the 1-month period stood at $3.4 billion, 0.2 percent more on a monthly basis.

Iran also imported $735.7 million worth of petrochemicals (22 percent increase), $115.7 million worth of mineral products (44.2 percent more year on year) and $3.4 million worth of handicrafts and carpets (368.8 percent more) in the 7-month period.

In terms of volume, Iran’s agricultural imports stood at 7.308 million tons in the 7-month period, 4.6 percent more year-on-year.

Industrial products ranked first among Iran’s imports in terms of volume as well.

Iran imported 10.66 million tons of industrial products in the period, 4.8 percent more year-on-year.

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