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Iran’s Non-Oil Foreign Trade Up 15.5 Percent

Exports hit $46.93 billion, indicating a 6.56% rise, while imports amounted to $54.3 billion, up 24.31% year-on-year
China, the UAE, Iraq, South Korea, Turkey and Germany are among Iran’s top trading partners.China, the UAE, Iraq, South Korea, Turkey and Germany are among Iran’s top trading partners.
The key driver of growth in imports was the higher inflow of basic goods, auto parts and capital goods

Iran’s non-oil foreign trade in the last fiscal year (ended March 20, 2018) stood at $101.23 billion, indicating a 15.5% rise compared with the year before.
Exports during the 12-month period hit 132.3 million tons worth $46.93 billion, indicating a 6.56% rise year-on-year, the latest report by the Islamic Republic of Iran Customs Administration reads.
Imports amounted to 38.73 million tons worth $54.3 billion, up 24.31% YOY. The key driver of growth in imports was the higher inflow of basic goods, auto parts and capital goods.
Exports of industrial goods saw a rise of 22.27% last year while exports of petrochemicals and gas condensates experienced a decline of 8.29% and 3.28%, respectively.

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