Economy, Business And Markets

Iran Registers $1.9b in Q1 Mineral Trade Surplus

Steel had the largest value share of both import and export of mineral products during March 21-June 21
Iran Registers $1.9b in Q1 Mineral Trade SurplusIran Registers $1.9b in Q1 Mineral Trade Surplus

Iran exported more than 15.32 million tons of mineral products worth over $2.83 billion during the first quarter of the current fiscal year (March 21-June 21), down 12% in tonnage and up 16% in value compared with the last fiscal year's corresponding period.
Imports stood at 1.09 billion tons worth $871 million, dropping 28% in tonnage and 18% 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's Customs Administration data.
The country recorded $1.9 billion in mineral trade surplus for the period under review. 


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