Economy, Domestic Economy

Exports to India Rise, Imports Fall

Exports to  India Rise, Imports FallExports to  India Rise, Imports Fall

Iran exported 4.3 million tons of non-oil goods worth $1.4 billion to India during the first half of the current Iranian year (started March 20), registering a 5% increase over the similar period of a year before. Gas condensates, petrochemicals, steel products, gypsum, dates and pistachios were among the main exports, Islamic Republic of Iran Customs Administration reported. More than 641,000 tons of goods worth $758.5 million were imported from India to Iran during the six-month period, which indicates a 40% decline year-on-year. Rice, steel products, iron ore, aluminum oxide, industrial machinery, pharmaceuticals, tea, bananas, paper and wood were among the main imports.

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