TEHRAN: Iran Customs Administration (IRICA) has announced that the country’s volume of non-oil exports to China has experienced a 52 per cent upswing since 2013. On the basis of a report published by Iran Customs Administration (IRICA), the volume of Iran’s non-oil exports to China from 2009 to 2013 stood at 18.767 billion dollars while the figure for 2013 henceforth has amounted to the aggregate total of 28.514 billion dollars.
Iran’s foreign trade statistics reveal that the country’s non-oil exports have undergone and unprecedented uplift since over the past four years as the volume for China rose from $7.458bn to $9.389bn only one year after the incumbent government took office in 2013. China’s share in the total volume of Iran’s non-oil exports reached 18 per cent in the first seven months of the current Iranian calendar year (began March 20). The East Asian country ranks first in the Iranian exports market and purchased a total 4.438 billion dollars of goods from Iran from March 20 to October 21. Given the natural rise in non-oil exports to China in final months of Iranian years, Iran’s volume of Exports to the East Asian state is expected to rise by 52 per cent since the incumbent Iranian government took office.
