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Iran non-oil imports rise 15.44% YOY

Iran non-oil imports rise 15.44% YOY

TEHRAN: Iran non oil imports rose 15.44% year on year. Iran’s non-oil exports rose 24.21 percent in the first ten months of the current Iranian calendar year (March 21, 2014-January 20, 2015), compared to the same period in the previous year, according to the Iran Customs Administration.

Iran exported 81.968 million tons of non-oil goods, worth $42.584 billion, and imported 34.38 million tons of non-oil goods, worth $43.677 billion during the ten-month period, the IRNA news agency reported on Friday.

On June 12, Trade Promotion Organization of Iran Director Valiollah Afkhami-Rad said Iran’s annual non-oil exports were projected to rise by 50 percent and hit $47 billion in the current Iranian calendar year.

Iran’s non-oil exports witnessed nearly half-a-percent growth while the country’s non-oil imports dropped around five percent in the previous Iranian calendar year, according to Press TV.