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Minerals' Share in Iran's Non-Oil Exports to Hit 25%

Minerals' Share in Iran's Non-Oil Exports to Hit 25%Minerals' Share in Iran's Non-Oil Exports to Hit 25%

The share of mineral products in Iran's total non-oil exports will reach 25% by the end of the current Iranian year (March 19, 2020), says Deputy Industries Minister Jafar Sarqeini.
Speaking to IRNA, the official noted that the share was at 22% last year (March 2018-19).
The deputy minister expects mineral exports to hit $10 billion by the fiscal yearend.
Iran exported 15.8 million tons of minerals worth $3.89 billion during the first half of the current Iranian year (March 21-Sept. 22), registering a rise of 27.3% and 11.7% in tonnage and value respectively compared with last year’s corresponding period, announced an official with the Trade Promotion Organization of Iran.
“Steel ingots topped the list of Iran’s mineral exports, as the country exported 3.16 million tons of steel ingots worth $1.19 billion during the six months,” said Elaheh Mokri, citing data from the Islamic Republic of Iran Customs Administration.

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