Domestic Economy

Iran's Foreign Trade Tops $60 Billion

Iran's Foreign Trade Tops $60 Billion
Iran's Foreign Trade Tops $60 Billion

Iran’s foreign trade (excluding crude oil exports) reached 81.03 million tons worth $60.13 billion during the current fiscal year’s first seven months (March 21-Oct. 22), registering a 17.6% decline in weight but a 10% rise in value compared with the similar period of last year, according to the new spokesperson of the Islamic Republic of Iran Customs Administration.
“Non-oil exports stood at 61.28 million tons worth $28.4 billion, registering an 18.2% fall in volume, but a 5.6% growth in value year-on-year,” Morteza Emadi was also quoted as saying by Fars News Agency.
Iran’s main exported goods during the period, he added, were liquefied propane, methanol, liquefied butane, polyethylene, bitumen, liquefied natural gas, urea, non-alloy iron and steel ingots, and light oil.
The top five export destinations were China with $9.18 billion, Iraq with $4.03 billion, the UAE with $3.47 billion, Turkey with $3.08 billion and India with $1.09 billion.


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