Domestic Economy
0

Non-Oil Exports to Neighbors Reach $13.3 Billion in March 20-Nov. 20

More than $8.57 billion worth of goods were exported to Arab states during the period under review
Non-Oil Exports to Neighbors Reach $13.3 Billion in March 20-Nov. 20
Non-Oil Exports to Neighbors Reach $13.3 Billion in March 20-Nov. 20

Iran exported $13.37 billion worth of non-oil goods to its 15 neighboring countries during the first eight months of the current Iranian year (March 20-Nov. 20), more than $8.57 billion of which went to Arab states, according to the director general for Arab and African affairs with the Trade Promotion Organization of Iran.
“Iraq and the UAE were Iran’s first and second export destinations from among its neighbors. Oman, Kuwait, Qatar and Bahrain came ninth, 10th, 11th and 14th,” Farzad Piltan was quoted as saying by IRNA.
The official added that no exports, or imports, were made to and from Saudi Arabia during the period under review.
According to the official, due to the proximity of Arab countries to Iran, suitable port facilities, cost-effective marketing and lower expenses of taking part in exhibitions and other commercial events, as well as cultural, religious and linguistic commonalities, TPO aims to expand trade with Arab countries in the region...

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