The Iran Project
: Iranian customs office (IRICA) figures show that the country’s non-oil exports rose by nearly a fifth in the 11 months to late February.
The figures showed that exports had also increased by 12.6% in volume terms in April-February to reach 141 million metric tons (mt).
Petrochemicals accounted for more than 40% of Iran’s non-oil exports in the 11 months to late February as shipments reached $23.5 billion, an increase of 31.5% from the same period in 2023-2024, showed the customs figures.
Natural gas was Iran’s top export revenue earner in the April-February period with some $6.6 billion worth of sales, followed by liquefied propane at $3.3 billion and methanol at $2.1 billion, the figures showed.
IRICA said imports into Iran had reached $63.606 billion in the 11 months to late February, up 5.6% from the previous same period.
It said, however, that import shipments had dropped by 5.6% in volume terms year on year over the same period to reach 35 million mt.
Iran’s total foreign trade rose by 11.2% and 9.2% in value and volume terms, respectively, in the 11 months to late February compared to the previous same period, the Iranian customs office said.
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