Iran’s trade with Indonesia exceeds $75m

Financial Tribune – Iran traded 192,059 tons of non-oil goods worth $75.87 million with Indonesia during the first Iranian month (March 21-April 20), registering a 13.64% and 30.19% decline in tonnage and value respectively compared with the year before, latest data released by the Islamic Republic of Iran Customs Administration show.

Indonesia was Iran’s 13th biggest trading partner during the period.

Iran’s exports to Indonesia stood at 190,664 tons worth $73.93 million to register an 11.69% and a 25.93% decrease in tonnage and value respectively year-on-year.

Indonesia was Iran’s ninth export destination in the world.

Iran exported non-alloy semi-finished iron/steel products, non-alloy iron/steel ingots, radar devices and bitumen to Indonesia during the month.

Indonesia exported 1,395 tons of commodities worth $1.94 million to Iran, down by 78.55% and 78.08% in tonnage and value respectively YOY. It was the 41st exporter of goods to Iran during the period.

Iran mainly imported coconut, paperboard, natural rubber, coffee and palm oil from Indonesia.