Iran’s non-oil trade rises 47% in 4 months yr/yr

July 30, 2021 - 14:6

TEHRAN- The value of Iran’s non-oil trade rose 47 percent during the first four months of the current Iranian calendar year (March 21-July 22), as compared to the same period of time in the past year, the head of Islamic Republic of Iran Customs Administration (IRICA) announced.

Mehdi Mir-Ashrafi said that Iran has traded 50.8 million tons of non-oil products worth nearly $29 billion with other countries in the mentioned four-month period, which indicates also 21 percent growth in terms of weight on an annual basis.

The official put the four-month non-oil export at 38.3 million tons valued at $14.3 billion, with a 65-percent rise in value and a 27-percent growth in weight.

The IRICA head mentioned liquefied gas, polyethylene, iron semi-finished products, methanol, gasoline, iron and steel ingots, steel products, iron rods, liquid propane, bitumen, and copper cathode as the main exported products in the said time span.

He said major export destinations of the Iranian non-oil goods were China with about 10 million tons worth $4.3 billion, Iraq with 10.9 million tons worth $2.8 billion, the United Arab Emirates (UAE) with 4.3 million tons worth $1.6 billion, Turkey with one million tons worth $923 million, and Afghanistan with 1.8 million tons worth $728 million.

The official further announced that Iran has imported 12.5 million tons of non-oil commodities worth $14.5 billion in the first four months of the present year, with 32 percent growth in value and five percent rise in weight year on year.

He said that the basic goods accounted for 9.4 million tons of the imported items.

Mir-Ashrafi named cellphones, livestock corn, sunflower oil, barley, meal, wheat, soybeans, sugar and rice as the main imported commodities.

The United Arab Emirates with four million tons of goods worth $4.7 billion was the first largest exporter of goods to Iran in the four-month period, followed by China with one million tons of goods worth $3.1 billion, Turkey with 1.3 million tons worth $1.5 billion, Germany with 351,000 tons worth $563 million, and Switzerland with 672,000 tons worth $539 million, the official stated.

As Mir-Ashrafi has previously announced, the value of Iran’s non-oil trade stood at $73 billion in the past Iranian calendar year.

He has put the weight of non-oil trade at 146.4 million tons, and said that the figure shows a 25-million-ton annual decline, which is the result of sanctions and coronavirus pandemic.

Iran’s non-oil export was 112 million tons valued at $34.5 billion, and that of import was 34.4 million tons worth $38.5 billion in the past year, the official added.

Among the country’s non-oil export destinations, China was the first, with importing $8.9 billion worth of products, Iraq was the second with importing $7.3 billion, the United Arab Emirates the third with importing $4.6 billion, Turkey the fourth with importing $2.5 billion, and Afghanistan the fifth with importing $2.2 billion, Mir-Ashrafi announced, and named gasoline, natural gas, polyethylene, propane, and pistachio as Iran’s major exported products during the past year.

He further named Iran’s top sources of non-oil imports in the said time, as China with exporting $9.7 billion worth of products to the Islamic Republic, the UAE with $9.6 billion, Turkey with $4.3 billion, India with $2.1 billion, and Germany with $1.8 billion, respectively, and mentioned corn, cellphone, rice, oil meal and oil seeds, wheat, and raw oil as the major imported items.

MA/MA

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