Iran exported 10.6 million tons of iron ore worth $698 million during March 21-November 22, 2019, indicating a year-on-year growth of 46 percent in value, according to figures by the Islamic Republic of Iran Customs Administration (IRICA).
Iran exported 11.4 million tons of cement and clinker in the first eight months of the current Iranian calendar year (March 21- November 21, 2019), which was 22 percent higher than the figure for the same period of time in the past year.
Amid global uncertainties and falling imports, India’s Gem and Jewelry Export Promotion Council (GJEPC) is looking to tap new markets, while making further inroads in the US as the government there levies a more punitive duty on jewelry imports from China.
South Korea’s exports likely contracted for a 13th straight month in December, though at a much slower pace, as stabilizing chip prices and a recovery in Chinese demand offered a ray of hope for the trade-reliant economy.
In the first eight months of the current Iranian year (March 21-November 21), exports of Iran's Semnan Province increased by 62 percent in terms of value, compared with the same period last year, said Chairman of Semnan Industry, Mine and Trade Organization Bahrouz Asvadi.
A Swiss channel for the export of food, medicine, and other humanitarian goods to Iran is to open “within months”, officials have told Reuters, amid Europe’s failure to launch its long-awaited Iran channel known as INSTEX.
Iran’s customs office announced on Tuesday that the country’s non-oil exports had a 16 percent increase in terms of weight in the past eight months compared with the corresponding period last year, showing a steady rise in resistance against the US economic sanctions.
China’s exports in November shrank for the fourth consecutive month, underscoring persistent pressures on manufacturers from the Sino-US war but growth in imports may be a sign that Beijing’s stimulus steps are helping to stoke demand.