Q1 Non-Oil Trade Tops $19b
Iran’s non-oil foreign trade in the first quarter of the current Iranian year (March 20-June 20, 2016) reached $19.47 billion. According to the Islamic Republic of Iran Customs Administration, the country exported 27.78 million tons of goods worth $10.47 billion and imported 7.26 million tons of commodities worth $9 billion during the period. China, the UAE, Iraq, South Korea and India were the top destinations of Iranian exports, including liquefied natural gas, petroleum gases, hydrocarbons, steel and liquefied propane. Iran’s main imports included corn for cattle feed, soybean, soymeal and automobile parts from China, the UAE, South Korea, Turkey and Russia.