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Details of Iran's foreign trade disclosed

Business Materials 31 October 2018 20:47 (UTC +04:00)

Baku, Azerbaijan, Oct. 31

By Elnur Baghishov – Trend:

The export of Iran's non-oil goods exceeded $27 billion and reached $27.229 billion over seven months of this Iranian year (started March 21, 2018), head of Iran's Customs Administration Foroud Asgari said.

During the reporting period, export of Iran's non-oil products reached 67.362 million tons.

Thus, exports of Iranian goods increased by 13.35 percent in terms of value from the beginning of Iranian year till Oct. 22 compared to the same period of last year.

He added that on the other hand, the volume of imported goods to Iran amounted to 18,929,000 tons and $26.303 billion.

Iran's imports dropped by 8.68 percent in terms of weight and 11.7 percent in terms of value compared to the same period of last Iranian year, Asgari said.

Among the main export products of the country during the reporting period are gas condensate worth $2.718 billion (9.98 percent), propane worth $1.224 billion (4.94 percent), methanol worth $849 million (3.12 percent), polyethylene terephthalate ($691 million) (2.54 percent), he added.

During the reporting period, 31.42 percent of the total value of Iran's exports accounted for petrochemicals, 9.98 percent - gas condensate and 58.60 percent - other products, he said.

Among the main imported products to Iran during the reporting period are maize for livestock and poultry worth $1.106 billion (4.21 percent), the necessary spare parts for cars worth $985 million (3.75 percent), soybeans worth $789 million (3 percent) and graphite electrode worth $320 million (1.22 percent), Asgari said.

During the reporting period, Iranian products worth $5.730 billion (21.4 percent) were exported to Iraq, products worth $5.379 billion (19.76 percent) - to China, products worth $4.637 billion (17.3 percent) - to United Arab Emirates, products worth $1.872 billion (6.87 percent) - to Afghanistan, products worth $1.399 billion (5.14 percent) - to India, he said.

During the reporting period, goods worth $6.622 billion (25.18 percent) were imported by Iran from China, goods worth $3.932 billion (14.95 percent) were imported from the United Arab Emirates, goods worth $1.634 billion (6.21 percent) were imported from South Korea, goods worth $1.502 billion (5.71 percent) were imported from India and goods worth $1.426 billion (5.42 percent) were imported from Germany, Asgari said.

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