Economy, Domestic Economy

Latest Trade Figures

Latest Trade FiguresLatest Trade Figures

The value of exports rose 34% in the Iranian month of Shahrivar (August 23-September 22) compared to the similar period last year, reported Tasnim news agency. During the period, exports exceeded $3.47 billion, while the country imported over $4 billion of various types of commodities, showing a 14% growth compared to last year’s figures. Non-oil exports during the first six months of the current Iranian year (March 21-Spetember 22) stood at $19.62 billion while $29.54 billion of goods were imported during this period. Iran’s trade ties with the world have significantly improved since Iran and P5+1 group of world powers reached an interim deal over Iran’s nuclear energy program last November. Based on the interim deal, the six world powers agreed to suspend some sanctions and to impose no further nuclear-related restrictions in exchange for Tehran to freeze parts of its nuclear program.