Economy, Domestic Economy

Exports to India Rise, Imports Down

Exports to India Rise, Imports DownExports to India Rise, Imports Down

Iran exported over 3 million tons of non-oil goods valued at $1.1 billion to India during the first four months of the current fiscal year that started in March, registering a 21% increase in value as compared to last year’s corresponding period. Gas condensate, petrochemicals, steel products, gypsum, dates and pistachios were among the main exports, according to the Islamic Republic of Iran Customs Administration’s latest data. Meanwhile, 497,000 tons of goods worth $523.7 million were imported during the same period to record a 38% decline compared. The imports mainly included rice, steel products, iron ore, aluminum oxide, industrial machinery, pharmaceuticals, tea, bananas, paper and wood.