$8.7b in Iran's Non-Oil Trade Surplus With Persian Gulf Countries

Iran recorded a non-oil trade surplus of $8.75 billion with Persian Gulf littoral states, namely Iraq, Kuwait, Qatar, the UAE, Bahrain and Saudi Arabia, in the last fiscal year (ended March 20, 2019).
Latest data released by the Islamic Republic of Iran Customs Administration show Iran traded 42.55 million tons of non-oil commodities worth $22.05 billion with Persian Gulf states during the year to register a 1.37% and 8.26% decline in tonnage and value respectively compared with last year’s corresponding period.
Iran’s exports totaled 38.64 million tons worth $15.4 billion during the period under review, indicating a 0.07% and 0.11% increase in tonnage and value respectively year-on-year.