February 1, 2023

Persian News

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Iran’s 10-month non-oil exports hit new record high

TEHRAN – The value of Iran’s non-oil exports rose 17.66 percent during the first 10 months of the current Iranian calendar year (March 21, 2022-January 20, 2023), as compared to the same period of time in the past year, registering a new record high.

According to Mohammad Rezvani-Far, the head of the Islamic Republic of Iran Customs Administration (IRICA), Iran exported about 103 million tons of non-oil goods valued at $45.3 billion in the mentioned 10 months, also registering a 2.93-percent increase in weight, IRIB reported.

Liquefied natural gas was the main exported product in the said time span, accounting for 15.4 percent of the total value of the exports.

Major export destinations of the Iranian non-oil goods were China, Iraq, Turkey, the United Arab Emirates (UAE), and India, according to the official.

The average value of each ton of exported goods has increased from $385 in the first 10 months of last year to $440 in the current year’s same period, which indicates a growth of 14.31 percent, the IRICA head said.

The Islamic Republic also imported 31 million tons of non-oil commodities worth $48.5 billion in the first 10 months of the present year, with a 16.86-percent growth in value and a 7.6-percent decrease in weight, year on year.

Corn, rice, soybeans, wheat, sunflower oil, barley, and soybean meal were among the items imported into the country in the said period, according to Rezvani-Far.

The United Arab Emirates was the top exporter to Iran in the mentioned 10 months, followed by China, Turkey, India, and Germany.

The average value of each ton of imported goods in the said 10 months was $1,571, which has grown by 25.74 percent compared to the figure for the previous year’s same time span.

EF/MA

Original News : https://www.tehrantimes.com/news/481258/Iran-s-10-month-non-oil-exports-hit-new-record-high

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