News ID: 240279
Published: 0422 GMT March 15, 2019

Iran’s non-oil exports hit $40b in 11 months: Official

Iran’s non-oil exports hit $40b in 11 months: Official

The head of Trade Promotion Organization of Iran (TPO) announced that the country’s non-oil exports over the first 11 months of the current Iranian year (March 21, 2018 – February 19, 2019) amounted to $40 billion.

Mohammadreza Mududi said the figure shows a 0.75-percent decrease compared to the same period last year, reported Tasnim News Agency.

However, he said, the value of non-oil exports in the first 10 months of this year witnessed an increase compared to a year earlier. 

The official said that the main reason for the decrease of our non-oil exports over the past 11 months was the restrictions on the sale of gas condensate, whose exports dropped by about 37.5 percent compared to a year earlier.

Iran has stepped up efforts in recent years to enhance non-oil exports and reduce dependency on oil revenues.


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