April 10, 2024

Bengali

Iran’s non-oil exports increase 19%

Published: January 5, 2023 

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The value of Iran’s non-oil export rose 19 percent from the beginning of the current Iranian calendar year (March 21,2022) up to December 31, as compared to the same period of time in the past year, data released by the Islamic Republic of Iran Customs Administration (IRICA) show.

According to the IRICA data, Iran exported 97.843 million tons of goods valued at $43.088 billion in the mentioned period, also registering a two-percent increase in weight, IRNA reported.

Liquefied natural gas, liquefied propane, methanol, liquefied butane, and film-grade polyethylene were the main exported products in the said time span.

Major export destinations of Iranian non-oil goods were China, Iraq, Turkey, the United Arab Emirates (UAE), and India.

The Islamic Republic has also imported 28.18 million tons of non-oil commodities worth $44.337 billion in the first 286 days of the present year, with a 14.7-percent growth in value and a 10-percent increase in weight, year on year.

The major items of goods imported into the country in the said period include corn, rice, wheat, soybeans, sunflower seed oil, and cell phones, based on the IRICA data.

The United Arab Emirates was the top exporter to Iran in the mentioned period, followed by China, Turkey, India, and Germany.

Reportedly, the value of Iran’s non-oil trade rose 17 percent during the mentioned period, as compared to the same time span in the past year.

Iran traded more than 126 million tons of non-oil products worth over $88 billion with other countries in the mentioned period.

As previously announced by the IRICA former head, the value of Iran’s non-oil trade rose 38 percent in the past Iranian calendar year 1400 (ended on March 20, 2022), as compared to its previous year.

Alireza Moqadasi put the country’s non-oil trade at 162 million tons worth $100 billion in the past year.

He said that Iran exported 122 million tons of non-oil products worth $48 billion in the previous year, which was $14 billion (41 percent) more than the figure for the preceding year.

The country’s non-oil trade record in 1400 was reached while the toughest sanctions were imposed on Iran, but thanks to God and the efforts of entrepreneurs, producers, and the cooperation of foreign trade-related organizations, a historical record was achieved in the past year which was unprecedented in recent decades, the official has underlined. /T.T/