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Iran's Non-Oil Trade Surplus Surges to $1.9 Billion (November 2018)

Iran's Non-Oil Trade Surplus Surges to $1.9 Billion Iran's Non-Oil Trade Surplus Surges to $1.9 Billion

Iran recorded a non-oil trade surplus of $1.94 billion in the eight months ending Nov. 21, the latest report by the Islamic Republic of Iran Customs Administration show. 

Exports, excluding crude oil, mazut, kerosene and suitcase trade, hit 75.27 million tons worth $31.49 billion during the period, indicating a 5% decrease in weight and a 12.96% increase in value year-on-year. 
Imports amounted to 21.49 million tons worth $29.54 billion, down by more than 12.58% in weight and 14.04% in value over last year’s similar period. 
All in all, Iran’s non-oil foreign trade during the eight months of the current fiscal year (March 21-Nov. 21) stood at $61.04 billion, indicating a 0.23% increase compared with last year’s corresponding period.

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