Baku, Azerbaijan, Jan. 23
By Fatih Karimov – Trend:
The mining sector registered highest growth among the sub-sector of Iran’s non-oil economy in the current fiscal year in terms of value of exports.
Iran exported $1.309 billion worth of mineral products during the first nine months of the current fiscal year(started March 20, 2017), registering a 31 percent increase year-on-year.
However, the volume of the exports (21.2 million tons) was 1 percent less compared to the 9-month period of the preceding year, according to the data, released by Trade Promotion Organization of Iran.
The country also exported $12.485 billion worth of industrial products during the first nine months of current fiscal year, equal to 39.5 percent of country’s overall non-oil exports including gas condensates.
The value of the industrial exports witnessed a fall by 1 percent, year-on-year.
The Islamic Republic exported 31.711 million tons of industrial products, indicating a fall by 6 percent year on year.
The petrochemical products ranked second among Iran’s non-oil exports in the period. During the 9-month period, Iran’s petrochemical exports decreased by 7.7 percent to $9.584 billion.
Meanwhile the volume of petrochemical exports registered a fall by 15.15 percent to 19.617 million tons in the same span of time.
Iran exported 12.996 million tons of gas condensate, worth $5.098 billion, which, compared to the same period last year, indicates a 3 percent decrease in volume and value.
Agricultural products stood at the next place with a share of 8.9 percent from total non-oil exports’ value.
The value of Iran’s agricultural exports accounted to $2.819 billion or 5 percent less, year on year.
The volume of the exported agricultural products was 3.024 million tons, 13 percent less in comparison to the 9-month period of the preceding year.
The Islamic Republic also exported $345 million worth of hand-made carpets and handicrafts in the 9-month period, 30 percent more year-on-year.
Hand-made carpets and handicrafts, minerals and industrials were the only products among Iranian exported goods that witnessed value growth compared to the preceding year.
In the 9-month period, Iran’s total non-oil exports, which include gas condensate as well, stood at $31.64 billion, which indicates a 2.4 percent fall.