Iran’s gross domestic product (GDP), excluding the oil sector, is expected to register a positive growth rate of 1.8 percent in the current Iranian year (to end March 19), the Majlis Research Center said in a report on Iran’s economy.
Iran has exported $32 billion of non-oil goods so far in the current Persian calendar year (starting March 21, 2019), shoring up its economy which is under severe pressure from unprecedented US sanctions.
Iran’s non-oil trade with other countries registered a $100-million positive balance in the first nine months of the current Iranian year (March 21–December 21), according to the head of Trade Promotion Organization of Iran.
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.
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).