Economy, Domestic Economy

Exports to Malaysia Fall, Imports Rise

Exports to Malaysia Fall, Imports RiseExports to Malaysia Fall, Imports Rise

Iran exported 50,800 tons of non-oil goods worth $14.8 million to Malaysia during the first four months of the current Iranian year (March 20-July 21), which indicates a 10% decline in value over last year’s similar period. Steel products, urea, dates, pistachios, zinc, lead and petrochemicals were among the main exports, the Islamic Republic of Iran Customs Administration reported. Meanwhile more than 113,500 tons of goods worth $111 million, including palm oil, natural rubber, machinery, industrial parts and cocoa powder, were imported from the country in the same period, registering a 49% rise.