29 Mar 2024
Wednesday 20 February 2019 - 15:19
Story Code : 339301

Iran's non-oil trade with neighbors hits $30b

Financial Tribune - Irans exports to neighboring states stood at $20.6 billion from March 21, 2018, to Jan. 20, indicating a 21.96% increase, while imports were worth $9.36 billion, down 22.37% year-on-year

Iran traded 57.28 million tons of non-oil commodities worth $29.96 billion with its 15 neighboring countries during the first 10 months of the current fiscal year (March 21, 2018-Jan. 20) to register a 34.34% decline in tonnage and 3.49% growth in value compared with last years corresponding period.

The 15 trading countries are Iraq, Turkey, Afghanistan, Pakistan, Russia, Oman, Azerbaijan, Turkmenistan, Kuwait, Qatar, Kazakhstan, Armenia, Bahrain, the UAE and Saudi Arabia.

Latest data released by the Islamic Republic of Iran Customs Administration show Irans exports totaled 50.46 million tons worth $20.6 billion during the period, indicating a 16.12% and 21.96% increase in tonnage and value respectively year-on-year.
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