Iran witnesses fall in commodities import
Baku, Azerbaijan, August 27
The Islamic Republic imported $18.89 billion worth of commodities during first five months of the current fiscal year(March 20- Aug. 22), which is 9.66 percent less year-on-year.
Iran imported 13.96 million tons of goods in the same span of time, according to a report released by the country’s Customs Administration Aug. 27.
The volume of Iran’s imports registered a fall by 6 percent compared to the same period of the preceding year.
Car parts, worth $882 million, topped the list of Iran's imported goods during the 5-month period.
Rice (worth $863 million), corn fodder (worth $814 million), soybean meal ($595 million), coal electrode for furnaces worth $246 million were the other goods mainly imported to the Islamic Republic in the period.
China was the main exporter of goods to Iran in the mentioned period. Iran imported $4.838 billion worth of goods from its traditional trade partner in the last five months.
After China, the UAE ($2.668 billion), South Korea ($1.25 billion), India ($1.201 billion) and Germany ($969 million) were other four biggest exporters of goods to Iran.
Iran imported $54.302 billion worth of commodities during the last fiscal year, which was 24.31 percent more year-on-year.
The main reason behind the significant rise was the increase in import of staple goods, car parts and capital commodities, according to the Iranian Customs Administration.