TEHRAN: The value of Iran’s non-oil trade reached $21.214 billion in the spring, which corresponds to the first quarter of the Iranian calendar year, according to the Iran Customs Administration.
Iran exported 25.061 million tons of non-oil products worth $10.867 billion in the three-month period, the IRNA news agency reported on Wednesday.
The country imported 8.845 million tons of non-oil goods valued at $10.347 billion during the mentioned period of time.
Iran’s major exported products included liquefied gases with the country’s key export destinations being China, Iraq, the United Arab Emirates (UAE), India and Afghanistan.
The country’s main imported items were corn, wheat and press cake with the main import origins being China, the UAE, South Korea, Turkey and India.
Iran has set a target of $77.5 billion in non-oil exports for the current Iranian calendar year, which began on March 21, according to Mojtaba Khosrotaj, the Iranian deputy industry, mining, and trade minister.
Iran’s total non-oil exports hit $49.744 billion in the previous Iranian calendar year, showing 18.87 percent rise from $41.848 billion in its preceding year, according to the Iran Customs Administration.
The country’s non-oil imports reached $52.477 billion in the past year, with 5.57 percent growth compared to the year before.
Traditionally, Iran relies heavily on oil for revenue. With sanctions restricting oil exports, the government has worked to advance other parts of the economy.
