Iran discloses balance of trade in agricultural sector
Baku, Azerbaijan, Dec. 30
By Elnur Baghishov – Trend:
The balance of trade of Iran's agricultural sector has increased by 60 percent and reached $3.5 billion this Iranian year (started on March 21, 2018) compared to the same period of last Iranian year, Director General of the Export Development Department of the Iranian Ministry of Agriculture Shahrokh Shajari said.
The balance of trade increased by 8.7 percent in terms of weight and 35 percent in terms of value during eight months of this Iranian year compared with the same period of last Iranian year, Shajari added, Trend reports referring to IRNA.
Thus, 4,580,000 tons of agricultural products worth $4.6 billion were exported during eight months of this Iranian year. This testifies to 20-percent-increase in terms of weight and 19-percent-increase in terms of value, he added.
During the reporting period, 12,806,000 tons of products worth $6.8 billion were imported, which is 1.2-percent-decrease in terms of weight and 7-percent-decrease in terms of value, Shajari said.
Food products worth $2 million were exported during eight months of this Iranian year, which is by 24 percent more compared to the same period of last Iranian year, he said.
Iran exports about four million tons of agricultural products annually. There are only 350 refrigerator containers to transport these products. The capacity of these containers is 120,000 tons.