News ID: 256080
Published: 0300 GMT July 20, 2019

Iran exports $700m worth of non-oil goods via South Pars customs

Iran exports $700m worth of non-oil goods via South Pars customs

Iran exported 1.57 million tons of non-oil products worth $700 million via South Pars customs from May 22-June 21.

Talking to IRNA on Saturday, the director of the South Pars Customs Office, Ahmad Pourheidari, said that the figure shows a 23-percent growth in terms of weight and a two-percent rise in terms of value, compared to the same period last year.

Mozambique, South Africa, Uzbekistan, Azerbaijan, Armenia, Georgia and the UAE were the main destinations for Iranian products exported through South Pars customs, he said, adding that Iraq, Afghanistan and Turkey also had land imports from this customs office.

Pourheidari also said that China, Romania, Kyrgyzstan, Taiwan, Kuwait, Qatar, Oman, Pakistan and Italy were the main importers of Iranian petrochemical products during the one-month period.

Iranian officials have announced that the country exported around $11.5 billion worth of goods and services in the first three months of the Iranian year (March 21-June 21).

The acting head of Iran’s Trade Promotion Organization said on July 7 that the amount of exports recorded in the period, which corresponds to the second quarter of 2019, showed almost no growth compared to the similar period last year.

Mohammadreza Mo’doudi said, however, that the value of imports to Iran in the same quarter had decreased around 8.7 percent, to stand at $10.2 billion.

The official would not elaborate on the share of petrochemicals in the total volume of Iran’s exports. However, the stable figures come as Iran has been facing restrictions in trade with its traditional partners as sanctions imposed by the US has made it more difficult for Iranian businesses to access banking services in other countries.

Mo’doudi said that the amount of Iran’s non-oil exports, which also includes products derived from crude oil, should have declined if Iran had not carried out proper investments in megaprojects in the petrochemical and steel industries over the past years.

The official said some 400 out of 8,000 items exported from Iran last year accounted for 95 percent of the total volume of exports from the country.

He said 130 items of those competitive products or services accounted for more than $37 billion worth of Iran’s annual exports.

Mo’doudi said Iran aims to bring the total value of its non-oil exports to $120 billion by 2025, insisting the government needed to empower the exporters through a detailed plan if it wanted to meet the target.


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