Domestic Economy
0

Iran's Non-Oil Trade With APEC Exceeds $31 Billion

Iran’s exports to APEC member economies stood at $14.89 billion during the year to March 20, 2019, indicating a 14.47% decrease, while imports were worth $16.85 million, down 22.71% year-on-year
Iran's Non-Oil Trade With APEC Exceeds $31 BillionIran's Non-Oil Trade With APEC Exceeds $31 Billion

Iran traded 53.53 million tons of non-oil commodities worth $31.75 billion with member economies of Asia-Pacific Economic Cooperation during the last fiscal year (ended March 20, 2019) to register a 17.85% and 19.05% decline in tonnage and value respectively compared with the year before.
Latest data released by the Islamic Republic of Iran Customs Administration show Iran’s exports totaled 43.21 million tons worth $14.89 billion during the period, indicating a 18.49% and 14.47% decrease in tonnage and value respectively year-on-year.
Imports stood at 10.31 million tons worth $16.85 billion, down 15.08% and 22.71% in tonnage and value respectively YOY.
As a result, Iran’s non-oil trade deficit with APEC member economies amounted to $1.95 billion.

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com