Banana among Iran’s top imports

Business Materials 31 March 2018 16:36 (UTC +04:00)

Baku, Azerbaijan, March 31

By Gazenfer Hamidov – Trend:

Banana was among the top 10 goods, Iran imported in the first 11 months of the last fiscal year, ended March 20, 2018.

Iran imported $483 million worth of banana in 11-month period from March 20, 2017 to Feb. 20, 2018, the country’s Trade Promotion Organization (TPOI) said.

The figure is equal to 1 percent of Iran’s overall imports in the period.

Iran’s banana imports registered an increase by 17 percent, year-on-year.

Car parts toped the Islamic Republic’s imports’ list in the first 11 months of last fiscal year. Iran imported $3.557 billion worth of car parts in the period, 106 percent more year-on-year.

Car parts’ imports was equal to 7.5 percent of the Islamic Republic’s overall imports in terms of value.

After car parts, passenger cars worth $1.653 billion(3 percent increase), corn fodder worth $1.433 billion (7 percent increase), modems and phones worth $1.149 billion (33 percent increase), medical drugs worth $1.018 billion (10 percent increase), rice worth $993 billion (78 percent increase), and soybean worth $821 million (3 percent fall) were the other main imported goods of the Islamic Republic in the 11-month period.

The average price for each ton of Iran's imported goods in the mentioned period was around $1404, indicating a rise of 9.4 percent.

Iran imported 33.93 million tons of goods, worth $47.657 billion during the first 11 months of last fiscal year (March 20-Feb. 20), which indicates 13 percent and 23.6 percent rise in terms of volume and value respectively compared to the same period of preceding year.