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Iran's Non-Oil Trade With G7 at $320 Million in 1 Month

Iran’s exports to G7 members stood at $29.24 million during the month to April 20, indicating a 60.35% decrease, while imports were worth $291.67 million, down 23.39% year-on-year
Iran's Non-Oil Trade With G7 at $320 Million in 1 MonthIran's Non-Oil Trade With G7 at $320 Million in 1 Month

Iran traded 282,851 tons of non-oil commodities worth over $320 million with members of the Group of Seven during the first Iranian month (March 21-April 20), registering a 23.83% and 29.39% decline in tonnage and value respectively compared with last year’s corresponding month.
Latest data released by the Islamic Republic of Iran Customs Administration show Iran’s exports totaled 56,998 tons worth $29.24 million during the month, indicating a 51.7% and 60.35% fall in tonnage and value respectively year-on-year.
Imports stood at 225,853 tons worth $291.67 million, down 10.85% and 23.39% in tonnage and value respectively YOY.
As a result, Iran recorded a non-oil trade deficit of $262.42 million with G7 members.

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