Economy
Sun Sep 06, 2020 12:23
Iran’s 5-Month Foreign Trade Exceeds $24bln
TEHRAN (FNA)- Iranian Ministry of Industry, Mine and Trade announced that the country’s foreign trade amounted to $24.6 billion during the first five months of the current Iranian calendar year (March 20- August 21).

The ministry’s report added that $10,900,000,000 of the mentioned value was related to exports.

“From among 52 million tons of goods worth $24,600,000,000, exports shared 38 million tons worth $10,900,000,000 and imports had the share of 13.8 million tons worth $13,700,000,000,” it noted.

Iran’s trade exchanges with foreign countries reached 9,822,000 tons worth $5,037,000,000 during the last Iranian year (ended March 19, 2020).

China with 2,195,000 tons worth $566m, Iraq with1,420,000 tons worth $441m, UAE with 1,324,000 tons worth $338m, Afghanistan with 514,000 tons worth $158m and Turkey with 226,000 tons worth $108m were Iran’s five main export destinations.

China, UAE, Turkey, India and Germany were the main countries from which Iran imported goods.

In relevant remarks in early August, Iran's customs Administration (IRICA) Spokesman Rouhollah Latifi said that foreign trade reached $19.635 billion during first four months of the current Iranian calendar year (March 20 to July 21).

Latifi made the remarks on Saturday August 1 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.

 

 

 

 

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