Baku, Azerbaijan, June 18
By Elnur Baghishov - Trend:
Exports of only seven types of Iranian goods are worth over $1 billion, said Mohammad Reza Modudi, head of Iran's Trade Promotion Organization (TPO), Trend reports via IRNA.
In total, prices of only 13 types of Iran's exported goods range between $500 million-$1 billion, Modudi said.
He added that prices of 345 types of Iranian exports are higher than $10 million.
In case, if Iran becomes a trade hub among its neighboring countries, it will not be dependent on oil money, Modudi said.
Annually, Iran's neighbors import various goods and services in the amount of over $1 trillion, Modudi said, adding that if just 10 percent of these was provided by Iran, Iran would export non-oil goods in the amount of over $120 billion to its neighbors.
In the past 40 years the share of non-oil sector in Iran's total exports increased from 4 percent to 50 percent, Modudi said.
“Presently, the share of steel exports in Iran’s non-oil exports is $3.7 billion, gas condensate - $5 billion, export of knowledge economy and technological products - $2 billion,” he said.
He noted that the share of small industries exceeds $2 billion a year.
He added that the share of 15 neighboring countries in Iran’s non-oil exports is $24 billion and makes up 56 percent of all Iranian exports.