Economy, Domestic Economy

Iran’s Global Trade Share Meager

Iran’s Global Trade Share MeagerIran’s Global Trade Share Meager

Iran had a 0.34% share in global trade in the last fiscal (March 2016-17), Tehran Chamber of Commerce, Industries, Mines and Agriculture cited World Trade Organization’s statistics as reporting.

According to the Islamic Republic of Iran Customs Administration, Iran’s non-oil foreign trade stood at $87 billion last year, as it exported $43.93 billion worth of non-oil commodities and imported $43.68 billion in return.

The country also exported $41 billion worth of oil and gas during the same period.


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