42425
2-Month Foreign Trade Exceeds $12b
Economy, Domestic Economy

2-Month Foreign Trade Exceeds $12b

Iran’s non-oil foreign trade in the first two months of the current Iranian year (March 20-May 20, 2016) reached $12.35 billion. According to the Islamic Republic of Iran Customs Administration, exports stood at $6.85 billion, registering a 14.68% decline compared with last year’s corresponding period. Exports mainly included gas condensates ($1.88 billion), petroleum gases and liquefied hydrocarbons ($272 million), ferrous products and non-alloy steel ($247 million), liquefied propane ($237 million) and bitumen ($201 million).  China, the UAE, Iraq, South Korea and India were the top export destinations. Imports stood at $5.49 billion, which indicates a 13.54% drop over last year’s similar period.  The main imports during the two-month period included corn for cattle feed ($180 million), soybean ($133 million), soymeal ($129 million), automobile parts, excluding tire ($166 million), and rice ($104 million). China, the UAE, Russia, Turkey, South Korea, Germany and India were the top exporting countries to Iran during the period.

Short URL : http://goo.gl/9IZuS0
  1. http://goo.gl/EL3ruJ
  • http://goo.gl/pB4gVU
  • http://goo.gl/2vVLRl
  • http://goo.gl/TKTGEs
  • http://goo.gl/bNRJHe

You can also read ...

Currency, Gold at New High in Tehran Market
The foreign exchange market heated up again on Monday to post...
Iranian Ministry of Industries, Mining and Trade has released...
Gov’t to Issue Bonds to Pay Back Loans on Iran Air ATR Planes
The government’s Economic Council last week approved a...
Iran: Summer Sees Highest Inflation on Record
The consumer price index increased from 116.2 to 134.6 or...
Iranian Private Carmaker Increases Prices 55%
Iran’s largest private automaker Modiran Vehicle Manufacturing...
Tehran Stocks Rally, Incline Toward Export Sector
Tehran Stock Exchange set a fresh record high on Monday as...
Iran Steel Exports Rise  27% to Over 4m Tons: ISPA (Mar-Aug, 2018)
A total of 4.13 million tons of finished and semi-finished...
Iranian Banks Lend $16.8 Billion in 5 Months
Banks and credit institutions allocated 2.4 quadrillion rials...

Trending

Googleplus