Iran’s Q1 mineral exports top $3.2 billion

Iran has exported some 13.7 million tons of mining products worth $3.275 billion in the first three months of the current Iranian fiscal year (March 21 – June 21), according to a Sunday report by Iranian Mines and Mining Industries Development and Renovation (IMIDRO).

17 July 2022
ID : 33887
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Iran has exported some 13.7 million tons of mining products worth $3.275 billion in the first three months of the current Iranian fiscal year (March 21 – June 21), according to a Sunday report by Iranian Mines and Mining Industries Development and Renovation (IMIDRO).

Bafgh Mineral Complex in central Iran.

Iran has exported some 13.7 million tons of mining products worth $3.275 billion in the first three months of the current Iranian fiscal year (March 21 – June 21), according to a Sunday report by Iranian Mines and Mining Industries Development and Renovation (IMIDRO).  

The report said that the figure shows a 7.6% increase in terms of value compared to figures from last year’s corresponding period.

It said however that Iran’s exports of minerals indicates an insignificant 0.2% year-on-year growth in terms of tonnage.  

The chain of steel and related products (with a $1.58 billion of exports) had a 48.2% share of the country’s total mineral exports in the three-month period.

The report said that the chain of steel and related products stood on top of the list of Iranian mineral exports while the exports of the group was 17% less than the corresponding period of the last year.

It added that the drop in exports of the steel group was mainly due to electricity shortages, reducing demands and the global prices.  

Copper products (with $513 million), the aluminum chain (with $251 million), cement chain (with $146 million), and iron ore pellet (with $140 million) ranked second to fifth respectively following the steel group.

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