BRICS account for 35% of Iran’s non-oil trade

Financial Tribune – Iran traded 4.62 million tons of non-oil commodities worth $1.71 billion with BRICS nations during the first Iranian month (March 21-April 20), registering a 48.02% rise in tonnage and 11.15% decline in value compared with last year’s same month.

Latest data released by the Islamic Republic of Iran Customs Administration show Iran’s exports totaled 3.94 million tons worth $886.08 million during the month, indicating a 47.13% growth in tonnage and 9.2% decrease in value year-on-year.

Imports stood at 679,803 tons worth $833.56 million, up 53.36% in tonnage and down 13.13% in value YOY.

The above figures indicate a trade surplus of $52.52 million in favor of Iran.