Iran recorded a positive trade balance of $875 million during the month ending April 20, data released by the Islamic Republic of Iran’s Customs Administration show.
“A total of 7.32 million tons worth $3.7 billion (excluding crude oil) were exported from Iran during the first month of the current fiscal year (March 21-April 20), registering a 10% decline in volume but a 25% growth in value year-on-year,” Foroud Asgari, the deputy head of IRICA, said.
Imports hit 2.25 million tons worth $2.82 billion during the same period, registering a 10% and 1% year-on-year decline in weight and value, respectively.
Iran’s foreign trade, excluding crude oil exports, stood at 162 million tons worth $100 billion in the fiscal 2021-22, registering a 38% rise in value compared with the year before, according to the head of IRICA.
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