Economy, Domestic Economy

February Exports Up 11.4%

February Exports Up 11.4%February Exports Up 11.4%

Based on the latest report released by the World Bank, Iran’s exports during the second month of 2015 rose by 11.4% in value, while its imports decreased by 3% during the same period, Tasnim news agency reported. The report added that the value of exports in the preceding month (January) witnessed a decrease of nearly 17.4%, while exports in 2014 decreased by nearly 7.4%.  On the other hand, the value of imports in January decreased by nearly 5%, while imports in 2014 decreased by nearly 8%, according to the report.  The World Bank report also shows that the value of exports by China, Russia, Turkey and Saudi Arabia rose by 2%, 6.5%, 11% and 11.3% respectively in February, while the four countries’ imports decreased by 1%, 5% and 4% in the same order over the same period.