Iran's non-oil trade volume reaches USD 90b
IRICA (Islamic Republic of Iran Customs Administration) stats show the value of Iran’s non-oil trade with foreign partners stood at $89.347 billion in the 11-month period ended on February 19th.
According to Mehr news agency, Iran exported $41.69 billion of non-oil commodities during the period with five percent growth from the figure of the same period in the past year.
On the other hand, Iran imported $47.657 billion of non-oil goods in the 11-month period, showing 23 percent increase from that of the previous year, making the country’s trade balance negative for $6 billion.
Gas condensate, liquefied propane, methanol and low-density oils were the major exported products with China, the United Arab Emirates (UAE), Iraq, Turkey and South Korea their main export destinations.
Automobile parts, corn as livestock feed, rice, soybean and motor vehicles were the main imported goods and China, UAE, South Korea, Turkey, and Germany were the top exporters of commodities to Iran during the mentioned time span.