Iran’s non-oil exports up 10.4%

30 April 2014 | 19:45 Code : 1932214 Latest Headlines

Iran’s non-oil exports grew by 10.4 percent in the first month of the current Iranian calendar year (March 21-April 20), compared to the same month last year.

The country exported 6.236 million tons of non-oil products, including gas condensates, valued at $2.824 billion, showing a 5.45 percent rise in weight and 10.4 percent growth in value, compared to the same month last year, the Mehr News Agency cited a report released by Iran’s Customs Administration on Monday.

Meanwhile, the country imported 2.644 million tons of products, valued at $2.514 billion, in the mentioned period of time, indicating a 39.74 percent rise in weight and 21.53 percent growth in value, compared to the same month last year.

Iran’s non-oil exports witnessed nearly half-a-percent growth while the country’s imports dropped around five percent in the previous Iranian calendar year, according to Press TV.

According to a report released by Iran’s Customs Administration on April 3, the value of Iran’s non-oil exports, including gas condensates, reached $41.628 billion, showing a total rise of 0.43 percent.

The growth in Iran’s exports took place mainly during the later months of the previous year.

Meanwhile, the value of Iran’s imports reached $50.818 billion during the same period, showing a 4.92-percent fall compared to the year before it.

Iran’s major exported products included liquefied propane, pitch and methanol with the country’s key export destinations being China, Iraq, the United Arab Emirates (UAE), India, and Afghanistan.

Iran’s main imported items were vehicles, rice, press cake, corn for livestock and wheat with main import origins being the UAE, China, India, South Korea and Turkey.