Economy, Domestic Economy
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Decline in Non-Oil Trade With Taiwan

Decline in Non-Oil Trade With TaiwanDecline in Non-Oil Trade With Taiwan

Iran traded 455,922 tons of non-oil commodities worth $326.43 million with Taiwan during the first four months of the current fiscal year (March 21-July 22), registering a 19.31% and 7.57% decline in tonnage and value respectively compared with last year’s corresponding period, the Islamic Republic of Iran Customs Administration’s latest data show. Iran’s exports to Taiwan stood at 406,355 tons worth $205.21 million, down 17.86% in tonnage and up 10.77% in value respectively year-on-year. Taiwan was Iran’s 12th biggest export destination during the period. Iran mainly exported metal and steel ingots, non-alloy metal and steel, and liquefied propane to Taiwan during the four-month period. Meanwhile, Taiwan exported 49,566 tons of goods worth $121.21 million to Iran, down 29.48% and 27.80% in tonnage and value respectively YOY. Taiwan was the 22nd major exporter of goods to Iran over the four months. The imports mainly included steel products, chemicals and synthetic fibers.

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