Iran’s non-oil trade at $58.7 billion in 10 months

Iran’s foreign trade, excluding oil exports, stood at 122.8 million tons worth $58.7 billion in the 10-month period ending Jan. 19.

30 January 2021
ID : 22740
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Iran’s foreign trade, excluding oil exports, stood at 122.8 million tons worth $58.7 billion in the 10-month period ending Jan. 19. 

According to Mehdi Mirashrafi, the head of Islamic Republic of Iran Customs Administration, exports accounted for 94.54 million tons worth $28.06 billion and imports reached 28.24 million tons worth $30.63 billion of the sum. 

Compared with the corresponding period of last year, exports registered a 17.7% and 20% decline in weight and value respectively. 

“Imports saw a 2% and 15.5% decrease in weight and value respectively year-on-year,” he was quoted as saying by ISNA. 

Main export destinations over the period included China with 22.8 million tons of non-oil goods worth $7.2 billion, Iraq with 22.3 million tons worth $6.3 billion, the UAE with 12.8 million tons worth $3.7 billion, Turkey with 5.7 million tons worth $2 billion and Afghanistan with 5.8 million tons worth $1.9 billion. 

“These five countries imported an aggregate of 69.5 million tons of non-oil goods worth $21.3 billion from Iran, which account for 73.5% of the weight and 76% of the value of Iran’s overall exports over the period under review respectively,” the IRICA chief said.

Major exporters to Iran were again China with 2.9 million tons worth $7.9 billion, the UAE with 4.1 million tons worth $7.4 billion, Turkey with 4 million tons worth $3.4 billion, India with 1.9 million tons worth $1.8 billion and Germany with 966,000 tons of goods worth $1.4 billion. 

“These five countries exported an aggregate of 13.9 million tons of goods worth $21.9 billion to Iran, which account for 49% of the weight and 71.6% of the noted that a total of 5.8 million tons of cargo were transited across the country over the period, indicating a 9.5% decline YOY,” he said. 

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