Iran exports $27b of non-oil products in 8 months

Economy 15:25 10.12.2019

The IRICA’s data put the weight of the country’s non-oil exports at 88 million tons during the mentioned time span, which indicates a 16-percent rise from the figure of the same period of time in the previous year, Eurasia Diary reports citing Tehran Times.

Iran imported 22 million tons of non-oil goods valued at $28.3 billion during the eight-month period, with a 1.5-percent rise in weight while 4.8 percent fall in value compared to the same time span of the past year.

As reported, China, Iraq, United Arab Emirates (UAE), Turkey and Afghanistan were the five major export destinations of Iranian non-oil products while China, United Arab Emirates, Turkey, India and Germany were the five leading exporters of goods to Iran during the mentioned time.

As previously announced by IRICA, the value of Iran’s non-oil exports stood at $44.3 billion in the previous Iranian year, while $42.6 billion worth of commodities were shipped into the country.

Based on the data published by Trade Promotion Organization of Iran (TPO), the value of trade with the neighboring countries stood at over $36.5 billion in the past Iranian calendar year, which is about 41 percent of the country’s total non-oil trade in the mentioned time span.

Increasing non-oil exports to the neighboring countries is one of the major plans that Iranian government is pursuing in the current Iranian calendar year.

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