Domestic Economy

BRICS Account for 35% of Iran’s Non-Oil Trade

Iran’s exports to BRICS members stood at $886.08 million during the month to April 20, indicating a 9.2% decrease while imports were worth $833.56 million, down 13.13% year-on-year
BRICS Account for 35% of Iran’s Non-Oil Trade
BRICS Account for 35% of Iran’s Non-Oil Trade

Iran traded 4.62 million tons of non-oil commodities worth $1.71 billion with BRICS nations during the first Iranian month (March 21-April 20), registering a 48.02% rise in tonnage and 11.15% decline in value compared with last year’s same month.
Latest data released by the Islamic Republic of Iran Customs Administration show Iran’s exports totaled 3.94 million tons worth $886.08 million during the month, indicating a 47.13% growth in tonnage and 9.2% decrease in value year-on-year.
Imports stood at 679,803 tons worth $833.56 million, up 53.36% in tonnage and down 13.13% in value YOY.
The above figures indicate a trade surplus of $52.52 million in favor of Iran.


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