Iran Records $8.2b in Non-Oil Trade Surplus With Persian Gulf States

Iran recorded a non-oil trade surplus of $8.24 billion with Persian Gulf littoral states, such as the UAE, Iraq, Kuwait, Qatar, Bahrain and Saudi Arabia, during the 11 months to Feb. 19, 2019.
Latest data released by the Islamic Republic of Iran Customs Administration show Iran traded 36.42 million tons of non-oil commodities worth $20.22 billion with Persian Gulf states during the period to register a 1.98% growth in tonnage and 5.46% decline in value compared with last year’s corresponding period.
Iran’s exports totaled 35.82 million tons worth $14.23 billion during the period, indicating a 10.63% and 16.81% increase in tonnage and value respectively year-on-year.
Imports stood at 3.59 million tons worth $5.99 billion, down 42.68% and 34.92% in tonnage and value respectively YOY.