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Auto parts, staple foods top Iran’s imports

Business Materials 9 April 2018 10:16 (UTC +04:00)

Baku, Azerbaijan, April 9

By Gazenfer Hamidov – Trend:

Iran imported 38.736 million tons of goods during the last fiscal year (ended March 20, 2018), the Iranian Customs Administration said.

Iran imported $54.302 billion worth of commodities during the 12-month period, which is 24.31 percent more year-on-year.

The main reason behind the significant rise is the increase in import of staple goods, car parts and capital commodities, according to the Iranian Customs Administration.

Car parts, worth $1.801 billion, topped the list of Iran's imported goods during the last fiscal year.

Corn fodder (worth $1.61 billion), rice worth ($1.214 billion), soybean meal (worth $943 million) and 1,500-2,000 cc engine cars (worth $809 million) were the other goods mainly imported to the Islamic Republic in the 12-month period (March 2017-2018).

China was the main exporter of goods to Iran in the mentioned period. Iran imported $13.216 billion worth of goods from its traditional trade partner in the last fiscal year.

After China, the UAE ($10.067 billion), South Korea ($3.717 billion), Turkey ($3.193 billion) and Germany ($3.083 billion) were other four biggest exporters of goods to Iran.

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