Domestic Economy

Iran Non-Oil Trade With Qatar Doubles in Four Months

Iran and Qatar have been forging stronger economic ties ever since a number of Arab states—led by Saudi Arabia—abruptly severed diplomatic relations with Doha early June and imposed a blockade on the Persian Gulf country
Non-Oil Trade With Qatar Doubles in Four Months
Non-Oil Trade With Qatar Doubles in Four Months

Iran traded 530,432 tons of non-oil commodities worth $104.43 million with Qatar during the first four months of the current fiscal year (March 21-July 22), registering a 9.24% decline in tonnage and 96.13% jump in value compared with last year's corresponding period.
The latest data released by the Islamic Republic of Iran Customs Administration also indicate that Iran’s exports to Qatar stood at 530,323 tons worth $98.97 million, down 9.09% in tonnage and up 125.70% in value year-on-year. 
Hadi Haqshenas, the deputy head of Ports and Maritime Organization, said Qataris have called for improving maritime transport services between the southern port of Bushehr and Qatar’s Hamad Port, ILNA reported. 
Referring to the significant growth in maritime traffic between Iranian and Qatari ports, the official noted that Turkey and other countries can easily transport their goods to Qatar via Bushehr.  


Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment