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Legal Matters

Customs: Iran’s non-oil export value passes $19b

Tehran, The Islamic Republic of Iran Customs Administration (IRICA) announced that the value of non-oil exports in the first five months of current year (beginning March 21) was 19.318 billion dollars.

In the first four months of the year, non-oil export value reached to 15.450 billion dollars and the country's trade balance was 271 million dollars in this period and non-oil exports increased 14.69 percent in comparison with the corresponding period of the preceding year.

According to the report of IRICA, in the first five months of current year volume of the non-oil exports was reached to 46.296 million tons.

In the first five months, exports in comparison with the same period of the preceding year showed 13.7 percent growth in terms of value, also Iran's export in this period increased 27.84 percent upon euro.

In the first five months of the current year imports into Iran was 13.963 million tons worth 18.893 billion dollars, equal to 15.574 billion euro.

The figures shown that imports by weight was decreased 5.82 percent and by value 9.66 percent in comparison with the same period of past year.

According to the IRICA report, in the first five months of the year, gas condensates by value of 2.170 billion dollars was on top of the exporting list.

China has maintained its position as the largest purchaser of Iranian goods and in the first five months of current year had 3.744 billion dollars imports from Iran.

Then, the United Arab Emirates by 3.5 billion dollars took the second rank and Iraq by 3.417 billion dollars, Afghanistan by 1.433 billion dollars had the third, fourth ranks, respectively and India by 987 million dollars had the next rank.

Statistics for foreign trade of Iran in the first five months of the year indicated the first rank belongs to China by exporting 4.838 billion dollars.

The second rank belongs to the UAE by 2.668 billion, South Korea by 1.25 billion; India by 1.201 billion had third and fourth rank in this concern.

Germany by 969 million dollars exports to Iran allocated the fifth rank to itself.

Source: Islamic Republic News Agency - IRNA

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