Intermediate Goods Account for Lion’s Share of Iran Imports

From the total trade volume in the first two fiscal months (March 21-May 21) of fiscal 2021-22, 70.9% belonged to intermediate goods, 15.2% to consumer goods and 13.8% to capital goods, according to Director General of Trade Promotion Organization of Iran Hamid Zadboom.
Iran’s trade with other countries stood at 32.54 million tons worth $18.56 billion during the two months, ILNA reported.
In the month ending May 21, according to Mehdi Mirashrafi, the head of the Islamic Republic of Iran Customs Administration, imports reached 5.3 million tons worth $6.5 billion, indicating a 16.5% decline in weight but a 29.5% growth in value compared with the corresponding period of last year.