Iran’s non-oil exports to Pakistan increased by 62 percent year-on-year during the first seven months of the current Iranian year (March 21-October 22), according to an official with the knowledge of the matter.
Rouhollah Latifi, the spokesman of the International Relations and Trade Development Committee of Iran’s House of Industry, Mining and Trade, said that Iran exported non-oil commodities worth $1.14 billion to its neighbor Pakistan in the seven-month period of this year.
He also announced that Iran imported commodities valued at $352.64 million from Pakistan during the first seven months of this year, with 39 percent drop year-on-year.
The official had previously announced that Iran’s non-oil exports to Pakistan increased by 18 percent in the previous Iranian year (ended on March 20).
Pakistan was Iran’s fifth largest export market in the previous year, importing non-oil products worth $1.488 billion from Iran, Latifi said in May.
He added that Iran imported non-oil goods worth $842 million from Pakistan last year, up 170 percent from the previous year.