Iran’s foreign non-oil trade at $9.3 billion in 2 months

Financial Tribune – When compared with the corresponding period of last year (March 21-May 21, 2019), exports registered a 52% and 49% decline in weight and value respectively. Year-on-year comparison of imports shows a decrease of 4% in weight and 11% in value

Iran’s foreign non-oil trade stood at $9.34 billion in two months ending May 20, of which exports accounted for $4.3 billion and imports $5.04 billion, the spokesperson of the Islamic Republic of Iran Customs Administration said.

The country posted a trade deficit of $741 million over the first two months of the current year.

Noting that Iran traded over 21 million tons of non-oil goods during the period, Rouhollah Latifi added that exports weighed 14.5 million tons and imports 6.5 million tons, IRICA’s website reported.

Compared with the corresponding period of last year (March 21-May 21, 2019), exports registered a 52% and 49% decline in weight and value respectively.