18 Jul 2024
Wednesday 19 November 2014 - 16:20
Story Code : 130820

Iranís foreign trade surpasses $57bln in 7 months

Iranís foreign trade surpasses $57bln in 7 months
TEHRAN (FNA)- Iran's foreign trade hit $57.214bln in the first seven months of the current Iranian year (March 21-October 22, 2014), Director of the Trade Promotion Organization of Iran (TPOI) Farhad Nouri said.

Nouri said that Iran's non-oil exports amounted to $26.9bln during the period, while it imported over $30bln worth of products.

He noted that a survey of export revenues in the same period indicates that the value of each ton of Iranian products has increased by 12 percent while the value of each ton of imported goods has declined year-on-year.

ďIran conducts transactions with 170 countries. However, 69 percent of the countryís exports pertain to China, Iraq, the UAE, Afghanistan and India,Ē he said.

The TPOI chief said major exporters to Iran in this period were the UAE, China, South Korea, India and Turkey.

In September, Iranian First Vice-President Eshaq Jahangiri hailed the eye-catching increase in Iran's non-oil exports in the first five months of the current Iranian year (March 21, 2014-August 22, 2014).

In April, a customs office report said that Iran's total trade balance (including its oil exports) with 83 world countries surpassed $92bln last year.

The report said that Iran's imports of non-oil goods amounted to $50.818bln last year (ended March 20, 2014).

"Iran's non-oil exports showed a 20-percent rise in the first five months of the current year (started March 21) as compared with the corresponding period in the last year," Jahangiri said, addressing a meeting held to study the pending projects in Tehran.

He pointed to the regional countries as one of Iran's biggest target markets, and said, "The Asian, African and Latin American countries are appropriate markets where we can be present.

Jahangiri called on the country's private sector to play a more active role in non-oil exports.

By Fars News Agency


The Iran Project is not responsible for the content of quoted articles.

Your Name
Your Email Address