Economy, Domestic Economy

Iran: Industrial Exports Fall, Imports Rise

Industrial Exports Fall, Imports RiseIndustrial Exports Fall, Imports Rise

According to a recent report by the Statistical Center of Iran, the country’s industrial exports’ value saw a 10.66% decline in the second quarter of the current Iranian year (started March 21) compared with last year’s Q2. Exports’ volume had a 1.29% rise compared to Q1 though.

The value of imports in the industrial sector went up in comparison with last year’s Q2 and this year’s Q1 by 49.53% and 0.58% respectively.

The SCI report stopped short of releasing the value of exports and imports.

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