The Value of Iran's foreign trade exchanges exceeded $25bln during the first 4 months of the current Iranian year (started March 21) despite the sanctions and restrictions imposed by the West on Iran's economy, customs administration announced. Iran exported $12.536bln worth of non-oil goods, and imported $12.909bln worth of products in the said period showing a 27.26 percent decrease in imports as compared with last year’s corresponding period. Methanol, non-compressed iron ore, bitumen and gas condensates comprised Iran's main export commodities. Iraq, China, the United Arab Emirates (UAE), Afghanistan and India were the main importers of Iranian non-oil goods. Meantime, Iron and steel ingots, wheat, corn fodder, rice and soybean meal were the main commodities imported. Earlier this month, a senior Iranian trade official announced that the value of Iran’s foreign trade exchanges exceeded $19 billion in the first quarter of the current year. “Iranian non-oil exports stood at $9.8 billion, while the country’s imports amounted to $9.4 billion,” Deputy Head of Iran's Trade Promotion Organization (TPO) Kioumars Fathollah Kermanshahi said. Last month, Iranian Economy Minister Seyed Shamseddin Hosseini said that Iran's non-oil exports witnessed an eye-catching growth in the last Iranian year (ended March 20) despite the sanctions and restrictions imposed by the West on Tehran. “The value of the country’s non-oil goods exported last year hit $41.3 billion,” the Iranian economy minister said, addressing a conference on monetary policy of global economy. He noted that the figure shows an increase as compared with last year due to growth in tourism sector and exports of agricultural and mineral products. "The non-oil export deficit reduced to $12.3 billion last year from the previous figure of $18 billion," Hosseini said.
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:07 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 17:22 2018 Wednesday ,31 October
Russia climbed to 31st place in Doing Business-2019 ratingGMT 16:53 2018 Wednesday ,17 October
"Putin" We need for collective restoration of Syria's economyGMT 14:02 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 18:26 2018 Saturday ,06 October
Dubai attracts Dh17.7 billion in foreign direct investmentGMT 09:02 2018 Friday ,21 September
Economy of Georgia demonstrates "strong signs of recovery"GMT 09:03 2018 Wednesday ,24 January
German investor confidence surges in JanuaryMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor