Iran’s non-oil foreign trade falls 34% (Mar-Dec 2018)

Financial Tribune – Iran’s non-oil foreign trade during the one-month period ending Dec. 21, which marks the end of the Iranian month of Azar, stood at $4.93 billion, indicating a decline of 34.27% compared with the preceding month’s $7.5 billion.

Exports amounted to 11.67 million tons worth $1.86 billion for the month while imports reached 2.37 million tons worth $3.07 billion to register a trade deficit of $1.21 billion for the country, according to a report by the Persian economic daily Donya-e-Eqtesad, citing latest data from the Islamic Republic of Iran Customs Administration.

Exports were down 56% in value but 47% more in weight month-on-month.