Economy, Business And Markets

Non-Oil Export to Balkan States Sees 24% Growth

Iran exported 94,457 tons of non-oil goods worth $108.99 million to the nine Balkan countries under review in the last fiscal year (ended March 20, 2018), marking a decline of 81.19% in tonnage and an increase of 20.49% in value while imports stood at 53,
Non-Oil Export to Balkan States Sees 24% GrowthNon-Oil Export to Balkan States Sees 24% Growth
Bulgaria was Iran’s biggest trading partner in the Balkans region, as the two countries exchanged 84,764 tons of commodities worth $70.93 million down by 82.56% and 0.85% in tonnage and value respectively YOY

Iran’s total non-oil trade with Balkan states in the last Iranian year (ended March 20, 2018) witnessed declines of 79.55% and 9.64% in tonnage and value respectively compared with the year before to stand at 148,428 tons worth $168.80 million, Financial Tribune’s data analysis based on Islamic Republic of Iran Customs Administration's statistics indicate.
Located in southeastern Europe, the Balkans, or the Balkan Peninsula is an area in southeastern Europe with various and disputed jurisdictions. Six nations, namely Albania, Bulgaria, Bosnia and Herzegovina, Kosovo, Macedonia and Montenegro, are positioned entirely within the Balkans while more than 50% of land area of Croatia, Greece and Serbia are within the Balkans.


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