Economy, Domestic Economy

Industrial Exports Down 7% in Q1 2018-19

Industrial Exports Down 7% in Q1 2018-19  Industrial Exports Down 7% in Q1 2018-19

Exports of Iran’s industrial sector, excluding crude oil, hit 26.74 million tons worth $17.91 billion during the first three months of the current Iranian year (March 21-June 21).
This registers a 7.2% decline in value compared with last year’s corresponding period, Tehran Chamber of Commerce, Industries, Mines and Agriculture’s website reported.
As for exports, the industrial sector exported 19.63 million tons of goods worth $9.68 billion during the three-month period, up 21.7% in value year-on-year. It had an 83% share in Iran’s total non-oil exports during the period.
The sector’s major export commodities were in the categories of chemical materials and products, coke, byproducts of refining oil and nuclear fuels, basic metal production, foods and beverages, and non-metal minerals. In fact, these commodities had a 87% share in the sector’s overall exports.
The average price of exports from this sector stood at $493 per ton, which is up by 11% YOY.


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