Domestic Economy

Iran’s Foreign Trade: A 24-Year Appraisal

The highest value of import was registered in the fiscal 2010-11 with $64.45 billion and the highest value of non-oil exports belonged to the fiscal 2014-15 with $50.56 billion
Iran’s Foreign Trade: A 24-Year Appraisal
Iran’s Foreign Trade: A 24-Year Appraisal

Iran’s foreign trade from the fiscal 1997-98 to 2020-21 stood at 2.25 billion tons worth $1,714 billion, according to the Islamic Republic of Iran Customs Administration’s spokesperson.
Imports accounted for 830.41 million tons worth $947.41 billion while exports stood at 1.42 billion tons worth $767.52 billion.
“Attention to foreign trade, especially non-oil exports, began in the years after the Iran-Iraq War. However, statistics confirm that whenever oil sales rose in terms of volume and value, it also affected non-oil trade,” Rouhollah Latifi was also quoted as saying by IRIB News.
From the fiscal 1997-98 to 2000-01, foreign trade hit 141.41 million tons worth $69.77 billion, of which non-oil exports stood at 55 million tons worth $13.1 billion and imports constituted 86.41 million tons worth $56.67 billion.


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