Iran Mercantile Exchange (IME) announced on Saturday that 826,653 tons of commodities valued at over $1.14 billion were traded in its domestic trading and export halls in the past week (ended February 27).
With the Chinese economy getting impacted due to the coronavirus outbreak, India can push its exports in the global markets to fill up the space vacated by the neighboring country, industry body Assocham said on Sunday.
Iraq, Turkey and Afghanistan imported Iranian mining products worth $1.48 billion during the eight months of the current Iranian calendar year (March 21-November 21, 2019), according to Iran’s foreign trade figures.
According to statistics released by Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO), major Iranian steelmakers exported 675,000 tons of steel in the first month of 2020.
The Chairman of the Iran-Iraq Chamber of Commerce Yahya Al-e Es’haq said that Iran enjoys a high capacity to export $31 billion worth of products to the neighboring countries of Iraq, Afghanistan and Pakistan.
A non-oil export support plan prepared by the Trade Promotion Organization (TPO) for the rest of the current Iranian year (to end March 19, 2020) was approved by Iran’s Resistance Economy Headquarters.