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Home International Customs

Iran’s 8-month non-oil exports up 5.7% from last year

byCT Report
02/12/2016
in International Customs
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TEHRAN: Iran’s exports of non-oil products in the first eight months of the current Iranian calendar year (March 20-November 20) stood at $28.117 billion, with 5.74 percent rise from $26.59 billion in the same period last year, according to the official website of the Islamic Republic of Iran’s Customs Administration (IRICA).

Iran also imported $27.383 billion of non-oil goods during the mentioned time span, witnessing a 0.94 percent increase from the figure of the previous year. Gas condensate, liquefied natural gas (LNG), and oil products except for gasoline were the main exported items, with China, the United Arab Emirates (UAE), Iraq, Turkey and South Korea as the major export destinations. Corn, soy bean, and auto parts were the major products imported during the first eight months of this year. China, UAE, South Korea, Turkey and Germany were the top exporters of goods to Iran in the mentioned time.

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According to customs data, in the past Iranian calendar year, which ended on March 19, 2016, the value of the country’s non-oil trade reached over $83 billion. In the past year, Iran exported $42.415 billion worth of goods while its imports reached $41.499 billion, showing a 16.11 percent decrease in the value of exports and a 22.53 percent decline in the value of imports when compared to its previous year.

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