News ID: 232418
Published: 0359 GMT October 07, 2018

Iran's non-oil exports up 13% since March

Iran's non-oil exports up 13% since March

Latest figures released by Islamic Republic of Iran Customs Administration (IRICA) show that Iran's non-oil exports during March 21-September 21 reached $23,123 billion, indicating an increase of 12.99 percent compared to the figure for the same period last year.

In addition, Iran's imports during the period stood at $22.182 billion, registering a significant 12 percent decline compared to the figures for the same six months last year.

According to the IRICA report, more than 56.644 million tons of non-oil goods were exported during the period which shows a 3.27-percent decline in terms of weight, compared with the figures for the corresponding period of a year earlier.

In addition, 16,220 tons of products were imported during March 21-September 21, showing a 9.3-percent decline in terms of weight against the amount for the same time span last year.

 

 

Top export items

Iran's gas condensate exports since March registered a 46.18-percent and a 28.58-percent decrease in weight and value respectively compared to the figures for the same period in the previous year.

In the same direction, 4.644 million tons of gas condensates, valued at $2.418 billion, were exported in the six-month period this year.

Iran also exported 15.451 million tons of petrochemicals, valued at $7.432 billion which shows an increase of 9.44 percent and 23.98 percent in terms of weight and value respectively compared with the figures for the same period last year.

 

 

Growth in export to Iraq

The main destinations for Iran's exports were China, Iraq, the UAE, Afghanistan and India, with Iraq standing on top of the list.

In this period, 9.618 million tons of goods worth $4.564 billion were exported to Iraq, showing growths of 44.58 percent and 45.32 percent rise in value and weight respectively.

Also, the IRICA statistics show that 13,703 million tons of products, valued at $4.633 billion, were exported to China. The figures show an 11.62-percent increase in value, but a 15.5-percent decline in weight.

Afghanistan is among the top five importers of goods from Iran. During the six-month period from March 21-September 21, Iran exported 3.225 million tons of products valued at $1.69 billion to the country.

However, exports to India and the UAE remained unchanged during the same period.

 

 

Major imports

The IRICA report further showed that auto parts, rice, corn and soya beans were the main imported items. Auto parts made up 4.41 percent of the imports with rice standing second on the list. Imports of corn and soya beans were valued $961 million and $705 million respectively.

 

 

Main exporters to Iran

China, the UAE, South Korea, India and Germany were five major exporters to Iran in the six months from March. The figures show that the imports decreased in both value and weight, while imports from Germany showed a gain in terms of weight.

   
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