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Iran Registers $3 Billion Mineral Trade Surplus

Mineral exports accounted for 46% and 19% of Iran’s overall trade, as imports made up 15% and 9.3% of the total imports in terms of volume and value respectively
Iran is home to 68 types of minerals with more than 37 billion tons of proven reserves and 57 billion tons of potential reserves.
Iran is home to 68 types of minerals with more than 37 billion tons of proven reserves and 57 billion tons of potential reserves.
Thailand was the top destination for Iran’s biggest exported mineral product value-wise, i.e. semi-finished steel, as 1.73 million tons worth $648.7 million were shipped to this country

Iran exported more than 60.2 million tons of mineral products worth over $8.9 billion in the last fiscal year (ended March 20, 2018), down 7.8% in tonnage and up 3.2% in value compared to the year before.
Imports during the same period stood at 5.88 million tons worth $5.03 billion, dropping 9.6% in tonnage and rising 17.5% in value year-on-year, according to the Iranian Mines and Mining Industries Development and Renovation Organization's latest report, which draws on the Islamic Republic of Iran Customs Administration's data.
Mineral exports accounted for 46% and 19% of Iran’s overall trade, as imports made up 15% and 9.3% of total imports in terms of volume and value respectively.

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