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Iran Registers $1.7b Surplus in 2018-19 Foreign Trade

Exports hit 117.22 million tons worth $44.31 billion to register a 12% decrease in weight and a 6% decline in value, while imports hit 32.04 million tons worth $42.61 billion, down 17.5% in weight and 22% in value year-on-year
Iran Registers $1.7b Surplus in 2018-19 Foreign TradeIran Registers $1.7b Surplus in 2018-19 Foreign Trade

Iran recorded a non-oil trade surplus of $1.69 billion in the last fiscal year (March 2018-19). 
The country’s overall non-oil foreign trade during the 12 months stood at $86.92 billion. Compared with statistics provided by the Islamic Republic of Iran, this year’s foreign trade indicates a 14.1% decline compared with the same period of last year. 
Overall exports hit 117.22 million tons worth $44.31 billion during the 12-month period to register a 12% decrease in weight and a 6% decline in value year-on-year, the Persian daily Donya-e-Eqtesad reported. 
Imports amounted to 32.04 million tons worth $42.61 billion, down 17.5% in terms of weight and 22% in value over last year’s similar period, the figures of Islamic Republic of Iran’s Customs Administration show.

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