Iran’s foreign trade hits $57bn in eight months

TEHRAN: Iran’s Customs Department has revealed that the country’s foreign trade volume reached $56.939 billion during the first eight months of Iranian year which begins March 21, a report said.

The volume of imports reached $27.307 billion, down 20.95 per cent compared to the same period in 2014, added the Peninsula Qatar report.

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China and the UAE, South Korea, Turkey and Switzerland, respectively were the major exporters of goods to Iran, said the report.

Iran’s volume of exports reached $29.632 billion, down 10.48 per cent from the same period last year.

China, Iraq, UAE, India and Afghanistan in order were major importers of Iranian goods, added the report.