Iran has exported as much as 55.9 million tons worth $19.3 billion of goods to other countries in the five months to August 22, according to figures by the Islamic Republic of Iran Customs Administration (IRICA).
The IRICA report published on Tuesday shows an 8.55% decrease in terms of value and a 26.56% decline in terms of tonnage when compared to figures reported in last year’s corresponding period.
It stressed that the decline in Iran’s exports has taken place largely due to a drop in international prices of petrochemicals.
The report also put the country’s imports in the five-month period at 14.4 million tons worth $24.2 billion which is down 2.17% in terms of weight and 7.49% in terms of value YOY.
China, Iraq, the UAE, Turkey and India were the top five export destinations of Iran in the period under review accounting for 75.13% of the total value of the Iranian exports in the time span.
The UAE, China, Turkey, Germany and India were also the top five importers to Iran respectively in the March-August period.