Non-oil exports from Markazi Province hit over $186m in 4 months

August 3, 2020 - 13:47

TEHRAN- The value of non-oil exports from Iran’s central Markazi Province reached $186.38 million during the first four months of the current Iranian calendar year (March 20-July 21), a provincial official announced, Mehr news agency reported.

“Markazi Province exported commodities to 70 countries including Afghanistan, Iraq, Turkey, the UAE, Azerbaijan and Pakistan during the mentioned period”, Saeed Farrokhi, the province's deputy governor for the economic affairs, stated.

The official further put the value of imports to the province at $93 million in the first four months of this year and named China, Turkey, the UAE, India and Taiwan as the main exporters of goods to the province.

The value of Iran’s non-oil trade during the first four months of the current year stood at $19.635 billion, IRNA reported.

According to the spokesman of the Islamic Republic of Iran Customs Administration (IRICA), Rohollah Latifi, in the mentioned period Iran imported $10.922 billion worth of goods, while exporting $8.713 billion.

The volume of traded goods was estimated at 42 million tons, of which 30.285 million tons were related to exports and about 11.793 million tons were imported goods.

Iran's top five non-oil export destinations during this period were China with $2.474 billion worth of exports, Iraq with $1.965 billion, the United Arab Emirates (UAE) with $1.216 billion, and Afghanistan with $713 million as well as Turkey with $405 million, so the country’s top five export destinations remained the same in comparison to previous months, according to Latifi.

As reported, China accounted for over 28 percent of Iran’s total exports, followed by Iraq, UAE, Afghanistan, and Turkey with 22 percent, 14 percent, 8 percent, and five percent respectively.

The top five sources of imports during this period were China with $2.806 billion, the UAE with $2.479 billion, Turkey with $1.178 billion, India with $757 million, and Germany with $493 million worth of imports.

China accounted for over 25 percent of Iran’s total imports, followed by UAE, Turkey, India, and Germany with 23 percent, 11 percent, seven percent, and five percent, respectively.

MA/MA

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