Iran’s non-oil trade with OECD at $23b

Financial Tribune – Iran traded 26.99 million tons of non-oil commodities worth $23.13 billion with the member states of the Organization for Economic Cooperation and Development during the last fiscal year that ended on March 20, 2019, to register a 38.01% and 29% decline in tonnage and value respectively compared with the year before.

Latest data released by the Islamic Republic of Iran Customs Administration show Iran’s exports totaled 13.19 million tons worth $6.24 billion during the year to March 20, indicating a 51.09% and 40.91% decrease in tonnage and value respectively year-on-year.

Imports stood at 13.8 million tons worth $16.89 billion, down 16.72% and 23.29% in tonnage and value respectively YOY.