TEHRAN: According to Iran’s Customs Administration, the value of Iran’s non-oil trade fell to $19.473 billion in spring 2016, which corresponds to the first quarter of the current Iranian calendar year (March 20-June 20), from $24.245 billion in spring 2015, IRIB reported. The Customs Administration put the worth of Iran’s non-oil exports and non-oil imports at $10.472 billion and $9.001 billion, respectively, during the first quarter of this year.
The figures were $11.859 billion and $12.386 billion for the exports and imports in the same quarter of the last year. According to Iran’s Customs Administration, 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, the Tasnim news agency reported, 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.