Iran’s mineral trade surplus tops $5b

Financial Tribune – Iran’s trade in mineral products recorded a surplus of $5.05 billion during the 11 months to Feb. 19.

The country exported 51.77 million tons of mineral products worth over $8.29 billion during the period, down 6% and 0.3% in tonnage and value respectively compared with last year’s corresponding period.

Imports stood at 3.37 million tons worth $3.24 billion, down 39% in tonnage and 33% in value year-on-year, the latest report released by the Iranian Mines and Mining Industries Development and Renovation Organization shows.

IMIDRO’s previous report showed Iran registered a mineral trade surplus of about $4.46 billion for the 10 months to Jan. 20.