TEHRAN: Suitcase trade between Iran and the Commonwealth of Independent States (CIS) touched $74.3 million in first 11 months of current Iranian calendar year.
The figure showed 20.8 percent fall from $93.9 million in the same period of time last year.
Suitcase trade accounted for 0.23 percent of the country’s total non-oil trade in the eleven-month period.
Iran’s total non-oil trade hit $94.564 billion in the first eleven months of the current Iranian calendar year, according to the Iran Customs Administration.
Iran exported $46.306 billion of non-oil products and imported $48.258 billion of non-oil goods during the eleven-month period.
In June 2014, Trade Promotion Organization of Iran Director, Valiollah Afkhami-Rad, said Iran’s annual non-oil exports were projected to rise by 50 percent and hit $47 billion in the current Iranian calendar year.
Iran’s non-oil exports witnessed nearly half-a-percent growth while the country’s non-oil imports dropped around five percent in the previous Iranian calendar year, according to Press TV.