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Iran's Non-Oil Exports to Arab League States Top $16b

Iran’s exports to the Arab League stood at $16.64 billion during the year to March 20, indicating an 11.2% increase, while imports were worth $7.11 billion, down 32.27% year-on-year
Iran's Non-Oil Exports to Arab League States Top $16bIran's Non-Oil Exports to Arab League States Top $16b

Iran traded 46.39 million tons of non-oil commodities worth $23.75 billion with member states of Arab League during the last fiscal year (ended March 20, 2019) to register a 1% and 6.73% decline in tonnage and value respectively compared to the year before.
Latest data released by the Islamic Republic of Iran Customs Administration show Iran’s exports totaled 42.08 million tons worth $16.64 billion during the year, indicating a 6.5% and 11.2% increase in tonnage and value respectively year-on-year.
Imports stood at 4.31 million tons worth $7.11 billion, down 41.31% and 32.27% in tonnage and value respectively YOY.
As a result, Iran recorded $9.53 billion in non-oil trade surplus with the Arab League.

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