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Iran’s Non-Oil Foreign Trade at $85b in Fiscal 2019-20

Exports accounted for $41.3 billion and imports for $43.7 billion of total foreign trade
Iran’s Non-Oil Foreign Trade at $85b in Fiscal 2019-20Iran’s Non-Oil Foreign Trade at $85b in Fiscal 2019-20

Iran’s non-oil foreign trade stood at $85 billion in the fiscal 2019-20, of which exports accounted for $41.3 billion and imports for $43.7 billion, Mehdi Mirashrafi, the head of Islamic Republic of Iran Customs Administration, said. 
Oil and petrochemical products are included in IRICA's "non-oil" export data. In fact, petrochemicals and gas condensates constitute the greater share of total exports. 
Noting that Iran traded over 169 million tons of goods last year, the official said exports weighed 133.9 million tons—three times more than imports in terms of weight and about 13.5% more than the previous year’s volume. In terms of value, however, exports show a 7% decline year-on-year.

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