Iran traded 159.23 million tons of goods worth $112.82 billion (excluding crude oil exports) in the fiscal 2022-23 (ended March 20), says Rouhollah Latifi, the spokesman of the Iranian House of Industry, Mine and Trade’s Trade Development Commission and former spokesman of the Islamic Republic of Iran Customs Administration.
He noted that trade value has increased by $11.38 billion compared with that of the previous year, IRNA reported.
Iran’s exports, excluding crude oil, reached 122.56 million tons worth $53.16 billion during the period, registering a 10% rise in terms of value.
“This has set a record, as the highest exports value was previously registered in the fiscal 2014-15 with $50.56 billion,” Latifi said.
China with $14.58 billion was Iran’s main export destination during the period (unchanged), followed by Iraq with $10.23 billion (up 15%), Turkey with $7.45 billion (up 23%), the UAE with $5.76 billion (up 28%) and India with $2.14 billion (up 18%).
Imports stood at 37.18 million worth $59.65 billion, registering a 10% fall in terms of weight, but a 13% rise in value.
The UAE with $18.39 billion (up 11%) was the main exporter to Iran during the period. China with $15.74 billion (up 24%), Turkey with $6.09 billion (up 15%), India with $2.01 billion (up 80%) and Germany with $2.01 billion (up 5%) came next.
Latifi noted that 12.91 million tons of foreign goods were transited from Iran during the period under review to register a 2.2% rise.
“The highest volume of transit was registered in the fiscal 2014-15 with 13.2 million tons of transit,” he said.