Iran’s Main Export Destinations

China, Iraq, the UAE, South Korea and Afghanistan were Iran’s top export destinations in the descending order over the eight months of the current fiscal year (March 21-Nov. 21), the latest figures by the Islamic Republic of Iran Customs Administration showed. 

China was the main customer of Iranian products during the eight-month period, as Iran exported $5.74 billion worth of goods to the Asian country, 13.51% more than in the corresponding period of last year.

Other major export destinations included Iraq with $4.35 billion, the UAE with $3.89 billion, South Korea with $2.74 billion and Afghanistan with $1.84 billion worth of imports from Iran.  Exports to Iraq, South Korea and Afghanistan rose by 6.51%, 28.12% and 12.11% respectively compared to last year, but the UAE imported 18.7% less goods from Iran compared with last year’s similar period.

Iran’s non-oil foreign trade stood at $60.9 billion in eight months, indicating an 8% rise compared with last year’s corresponding period.

Exports hit 78.81 million tons worth $28.48 billion, indicating a 1.21% decline year-on-year and imports amounted to 23.56 million tons worth $32.41 billion, up 17.52% YOY.