Domestic Economy
0

Iran Achieves Non-Oil Trade Surplus in 8th Fiscal Month

Total exports hit 10.24 million tons worth $3.21 billion and imports reached 2.54 million tons worth $3.09 billion, indicating a trade surplus of $118 million for the country
Iran Achieves Non-Oil Trade Surplus in 8th Fiscal Month
Iran Achieves Non-Oil Trade Surplus in 8th Fiscal Month

Iran’s non-oil foreign trade reached $6.3 billion in the month ending Nov. 20 (the eighth month of the current fiscal year), according to Rouhollah Latifi, the spokesman of the Islamic Republic of Iran Customs Administration. 
Noting that exports weighed four times as much as imports during the month under review, the official said exports hit 10.24 million tons worth $3.21 billion and imports reached 2.54 million tons worth $3.09 billion, indicating a trade surplus of $118 million for the country. 
“Top export destinations during the month under review [Oct. 22-Nov. 20] included China with $912 million, Iraq with $498 million, the UAE with $452 million, Afghanistan with $193 million and Turkey with $129 million,” Latifi was quoted as saying by IRNA.
Iran’s non-oil foreign trade hit 97.7 million tons worth $44.6 billion in eight months leading to Nov. 20. 

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