Domestic Economy
0

Iran’s Imports Rise, Exports Dip Amid COVID-19 Outbreak

Imports during the two weeks following the outbreak saw a 35.5% and 5.1% increase in weight and value, respectively, as exports saw a 20% decline in weight and a 30% decrease in value year-on-year
Iran’s Imports Rise, Exports Dip Amid COVID-19 Outbreak Iran’s Imports Rise, Exports Dip Amid COVID-19 Outbreak

A total of 1.71 million tons of non-oil goods worth $1.91 billion were imported into Iran from Feb. 18, when the first case of the new coronavirus, also known as Covid-19, was officially reported in Iran, to March 3, according to the spokesman of the Islamic Republic of Iran Customs Administration Rouhollah Latifi. 
During the same two-week period of last year, about 1.26 million tons of goods worth $1.82 billion were imported, he added.
“On a year-on-year basis, the figure shows a 35.5% and 5.1% increase in weight and value, respectively,” he was quoted as saying by IRNA. 
Latifi said Iran exported 4.11 million tons of non-oil goods worth $1.28 billion over the same period, registering a 20% decline in weight and a 30% decrease in value year-on-year. 

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com