Domestic Economy

Iran's H1 Foreign Trade Up 47% to $45b

Iran's H1 Foreign Trade Up 47% to $45b
Iran's H1 Foreign Trade Up 47% to $45b

Iran’s non-oil foreign trade stood at 79.1 million tons worth $45 billion during the first half of the current Iranian year (March 21-Sept. 22), registering a 47% growth in value compared with the similar period of last year, according to the head of the Islamic Republic of Iran Customs Administration.
Iran’s exports stood at 60 million tons worth $21.8 billion in the six-month period, showing a 30% and 61% rise in weight and value respectively year-on-year, Mehdi Mirashrafi was also quoted as saying by
Iran’s main export destinations were China with 14.8 million tons worth $6.5 billion, Iraq with 13.9 million tons worth $3.8 billion, Turkey with 7.2 million tons worth $2.3 billion, the UAE with 5.8 million tons worth $2.2 billion and Afghanistan with 2.5 million tons worth $1 billion.
The exports mainly included liquefied natural gas, methanol, polyethylene, semi-finished iron products, iron ingots, propane, urea, iron bars and cathodes.


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