Domestic Economy

Iran's Mineral Trade Surplus Tops $320m

Iran exported over $503.2 million worth of mineral products last month (March 21-April 20), down 17%, as imports stood at $179.87 million, down 9% in value year-on-year
Iran's Mineral Trade Surplus Tops $320m Iran's Mineral Trade Surplus Tops $320m

Iran's trade of mineral products recorded $323.33 million in surplus during the first month of the current fiscal year (March 21-April 20).
The country exported 4.34 million tons of mineral products worth over $503.2 million during the month, up 16% in tonnage and down 17% in value compared with last year’s corresponding month.
Imports stood at 222,000 tons worth $179.87 million, down 5% and 9% in tonnage and value respectively year-on-year, latest report released by the Iranian Mines and Mining Industries Development and Renovation Organization shows.
IMIDRO's previous report showed Iran registered a mineral trade surplus worth $5.65 billion in the last fiscal year (ended March 20, 2019).


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