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.
April 09, 2018 19:41
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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
The key driver of growth in imports was the higher inflow of basic goods, auto parts and capital goods
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