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34% Rise in Iran's Non-Oil Trade With CIVETS

Iran’s exports to CIVETS stood at $200.89 million during the month to April 20, indicating a 23.94% decline, while imports were worth $349.03 million, up 138.71% year-on-year
34% Rise in Iran's Non-Oil Trade With CIVETS 34% Rise in Iran's Non-Oil Trade With CIVETS

Iran traded 717,023 tons of non-oil commodities worth $549.92 million with Colombia, Indonesia, Vietnam, Egypt, Turkey and South Africa (collectively known as CIVETS) in the first Iranian month (March 21-April 20) to register a 25.73% and 34.01% growth 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 481,555 tons worth $200.89 million during the month to April 20, indicating a 0.93% and 23.94% decrease in tonnage and value respectively year-on-year.
Imports stood at 235,468 tons worth $349.03 million, up 179.73% and 138.71% in tonnage and value respectively YOY.
As a result, Iran recorded a non-oil trade deficit worth $148.14 million with CIVETS economies.

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