Tehran will raise $5 billion revenues for its gas and electricity exports to neighboring Iraq by the end of the current Iranian year (March 20, 2020), said the Secretary General of the Iran-Iraq Joint Chamber of Commerce Seyyed Hamid Hosseini on Tuesday.
Iran’s non-oil exports, excluding gas condensates, reached $10 billion during March 21-June 21, 2019, reflecting a growing trend compared to the figure for the same period last year, said an official of the Islamic Republic of Iran Customs Administration (IRICA).
Exports of nonoil products from South Pars customs office in southern Iran grew 23 percent in terms of weight during May 22- June 21, 2019, compared to the figure for the same period last year, said a local official.
Since March 21, 2019, Iran's exports via Khorramshahr port in the southern Khuzestan Province increased 56 percent compared to the figure for the same period of the previous year, the head of Khorramshahr Ports and Maritime Organization said.
Tea exports from India to Iran almost trebled in the first four months of 2019, to 27.09 million kg, a figure that is usually achieved annually, allaying apprehensions that the country might lose out on the market owing to the US sanctions on Iran.
Iran exported $570 million worth of medicinal plants during the last Iranian year (ended March 20, 2019) to register an increase of $120 million compared to the previous year, said an official with the Agriculture Ministry.
A senior Iranian lawmaker stressed that despite Washington’s hype about its bans and pressures on Iran’s steel industry, the country is still exporting the strategic product, rendering US sanctions obsolete.