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Iran's Non-Oil Trade Surplus With OIC Hits $360m

Iran’s exports to OIC member states stood at $1.12 billion during the month to April 20, indicating a 30.57% decrease, while imports were worth $766.05 million, up 49.02% year-on-year
Iran's Non-Oil Trade Surplus With OIC Hits $360m  Iran's Non-Oil Trade Surplus With OIC Hits $360m

Iran traded 3.81 million tons of non-oil commodities worth $1.89 billion with the Organization of Islamic Cooperation’s member states during the first Iranian month (March 21-April 20) to register a 17.72% and 11.4% decline in tonnage and value respectively compared to the previous year.
Latest data released by the Islamic Republic of Iran Customs Administration show Iran’s exports totaled 3.34 million tons worth $1.12 billion during the month, indicating a 22.55% and 30.57% decline in tonnage and value year-on-year.
Imports stood at 467,908 tons worth $766.05 million, up 48.69% and 49.02% in tonnage and value respectively YOY.
As a result, Iran recorded a non-oil trade surplus worth $360 million with OIC member states.

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