38486
Iran’s Foreign Trade Balance  Remains Positive
Economy, Domestic Economy

Iran’s Foreign Trade Balance Remains Positive

Iran’s non-oil foreign trade during March 21, 2015-16 stood at $81.38 billion, according to the latest report of the Islamic Republic of Iran Customs Administration.
Imports, including field corn, wheat, soybean, rice and soybean meal, amounted to $40.13 billion—down 22.77% compared with last year’s similar period. These mainly originated from China, the UAE, South Korea, Turkey and Switzerland.
Exports, which chiefly comprised petroleum gases and hydrocarbons, liquefied propane and bitumen, reached $41.24 billion, indicating a 16.3% drop compared with the corresponding period of last year. The decline in exports is largely blamed on a 52.88% fall in the export of natural gas condensates.
China, Iraq, the UAE, Afghanistan and India were the main export destinations.
The figures show non-oil exports to China and Iraq decreased by 23% and 4% whereas exports to the UAE registered a 21% growth. Afghanistan and India’s imports from Iran also rose 4% and 1% respectively.

Short URL : http://goo.gl/Yv0kfx
  1. http://goo.gl/opRl9b
  • http://goo.gl/n3uLrX
  • http://goo.gl/x4TsOr
  • http://goo.gl/1b4rUD
  • http://goo.gl/60383g

You can also read ...

VDMA Backs Iran Trade
Germany’s plastics and rubber machinery trade association,...
Central Bank of Iran Against Market Intervention
Central Bank of Iran's Governor Abdolnasser Hemmati said the...
New Forex Initiative Unable to Tip Scales
The new forex initiative has only managed to fix major policy...
Musk Bid for Tesla Still Murky
Tesla Inc’s board named a special committee of three directors...
Equity-Based Sukuk Return to Iran Capital Market
The government is set to clear part of its debt to Social...
S. Korea Bans Recalled BMWs Over Fire Fears
The South Korean government has said it will ban about 20,000...
Over €81m Worth of Airport Equipment Purchased  Post JCPOA
Iran Airports & Air Navigation Company, an arm of the...
Tehran Shows 4th Biggest Upturn in Economist’s Livability Index
Tehran is one of the top five cities in the world to have...

Trending

Googleplus