Domestic Economy

Iran's Non-Oil Trade Surplus Hits $1.5b

During the 11 months to Feb. 19, exports hit 105.9m tons worth $40b to register a 6.3% decline in weight and a 0.74% decline in value, while imports amounted to 28.9m tons worth $38.5b, down 21.4% in weight and 19.2% in value YOY
Iran's Non-Oil Trade Surplus Hits $1.5bIran's Non-Oil Trade Surplus Hits $1.5b

Iran recorded a non-oil trade surplus of $1.57 billion during the 11 months to Feb. 19. 
According to a report by IRNA citing statistics from the Islamic Republic of Iran Customs Administration, non-oil foreign trade stood at $78.57 billion during the period. 
When compared with IRICA's data for last year's corresponding period, this year’s foreign trade indicates a 12% decrease year-on-year. 
Overall exports hit 105.9 million tons worth $40.07 billion to register a 6.36% decrease in weight and a 0.74% decline in value YOY. 
Imports amounted to 28.92 million tons worth $38.5 billion, down 21.47% in weight. Imports saw a decline of 19.2% in value over last year’s similar period, IRICA's data showed.


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