Economy
Sun Aug 02, 2020 2:50
Iran’s 4-Month Foreign Trade Reaches over $19.5 Billion
TEHRAN (FNA)- Iranian foreign trade reached $19.635 billion during first four months of the current Iranian calendar year (March 20 to July 21), said Iran's customs Administration (IRICA) Spokesman Rouhollah Latifi.

Latifi made the remarks on Saturday and put the volume of the foreign trade in this period at over 42 million tons.

The proven volume of non-oil exports, excluding crude oil, fuel oil and kerosene as well as luggage trade, was over 30,285,000 tons, worth $8.713 billion, showing around 40% reduction as compared to the same period in last year, he added.

11,793,000 tons of commodities, worth $10.922 billion, were imported into the country in this period, setting over 24% decline compared to the same period, last year, IRICA spokesman further said.

Iran exported over 30 million tons of non-oil products, valued at $8.713 billion, in the first four months of the current year, Latifi noted.

Our major export destinations in this period included, China with importing 8,469,000 tons of Iranian products, worth $2.474 billion, followed by Iraq with importing 6,446,000 tons of products, worth $1.965 billion, UAE with importing 4,625,000 tons of products, worth $4.216 billion, Afghanistan with importing 2,115,000 tons of products, worth $713 million, he added.

In relevant remarks in early July, Caretaker of Ministry of Industry, Mine and Trade Hossein Modares Khiabani said that Iran has planned to export non-oil goods worth $41 billion by the end of the Iranian year (March 20, 2021).

Despite the illegal sanctions and coronavirus epidemic, Iran’s non-oil exports will grow, said Khiabani on Saturday, July 4.

He added that 60% of these non-oil products are exported to 15 neighboring states.

The ministry caretaker touched upon the situation of borders after the virus outbreak and underlined that 80% of border crossings have opened and trade exchanges are normal now.

The policy of reliance on non-oil exports is in line with the Supreme Leader of the Islamic Revolution Ayatollah Seyed Ali Khamenei’s order on importance of bolstering trade with China and India, he stressed.

Talking about restrictions created for Iran after the outbreak of the coronavirus in the country in late February, the official said Iran was importer of equipment needed for fighting the virus on the early days, but now the country is exporter of such equipment.

 

 

 

 

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