Minerals, mining exports account for 21% of non-oil exports in 10 months

February 22, 2019

TEHRAN- Minerals and mining exports accounted for 21 percent of Iran’s non-oil exports in terms of value during the first ten months of the current Iranian calendar year (March 21, 2018 – January 20, 2019), IRNA reported on Friday according to the data released by the Islamic Republic of Iran Customs Administration (IRICA).

Also as reported, exports from this sector constitute 48 percent of the ten-month non-oil exports in terms of weight.

Iran exported $7.48 billion worth of minerals and mining related products during the first ten months of the current Iranian calendar year.

The main part of exports from this sector came from the steel chain; as $3.46 billion of steel and related products were exported, indicating 24 percent rise from the figure of the same period of time in the past year.

Weight of steel chain products exported during the mentioned time span stood at 7.5 million tons which is predicted to exceed nine million tons by the yearend.

The worth of Iran’s minerals and mining exports stood at $9 billion in the past Iranian calendar year (ended on March 20, 2018).

Iran is one of the top 10 mineral-rich countries where 68 types of minerals have been identified so far, including the world’s largest deposits of copper, zinc and iron ore, which are tempting international investors.

MA/MA

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