Capital Goods Account for 20% of Imports
Economy, Domestic Economy

Capital Goods Account for 20% of Imports

Of the 13.2 million tons of imports worth almost $16.7 billion during the five months of the current Iranian year (started March 20), more than 20% constituted capital goods worth $3.4 billion, a deputy minister of industries, mining and trade said.
The imports indicate a 6.5% rise in weight and a 2.8% decline in value year-on-year respectively.
“Data released by the Islamic Republic of Iran Customs Administration also indicate that consumer goods accounted for nearly 18% (worth about $2.9 billion) and intermediate goods made up close to 62% ($10.3 billion) of the total amount of imports during the period,” Hossein Aboui Mehrizi was also quoted as saying by IRNA.
During this period, 50 million tons of non-oil goods worth $19.1 billion were exported, registering a 25.6% and 10.2% rise in weight and value respectively compared with the corresponding period of last year.

Short URL : https://goo.gl/O34ngg
  1. https://goo.gl/cH5iM1
  • https://goo.gl/p7dSYc
  • https://goo.gl/9BXEi8
  • https://goo.gl/SjA20n
  • https://goo.gl/eunXqs

You can also read ...

The central bank officials of Iran and Oman convened in Tehran on March 17.
A host of high-level officials of the Central Bank of Iran on...
No Telegram  Crypto for Iranians
Telegram has announced that Iranian citizens will not be...
Foreign Exchange Deposit Regulations Updated
The latest update of regulations concerning foreign currency...
Volkswagen Assigns $25b in Battery Orders
Volkswagen has picked partners to provide battery cells and...
Toyota Land Cruiser for Iranian Police Fleet
To renovate police cars in Iran ahead of Norouz (Iranian New...
Tehran fell by two places in this year’s ranking to 121st most expensive city in the world, narrowly avoiding the bottom 10.
Tehran is among the least expensive cities in the world to...
Steel production stood at 38.12 million tons, registering a 14% rise YOY.
Iranian steelmakers exported 7.41 million tons of their...
Iranian Banking Sector Awaits Full JCPOA Benefits
Iran’s Deputy Foreign Minister Abbas Araqchi addressed various...

Add new comment

Read our comment policy before posting your viewpoints