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Iran’s import drops by 26.8% in spring

Tehran Tehran’s Chamber of Commerce reported that in the first three months of the Iranian year (started March 20, 2020), the goods imported to Iran have declined to $7.6 billion showing a 26 percent compared to the previous year’s corresponding period.

According to the report, Iran has had $6.4 billion of exports and $7.6 billion of imports, reaching Iran’s trade balance to $14 billion.

In the same period of the previous year, Iran had $11.4 billion of exports and $10.4 of imports, reaching the countries’ trade balance to $21.8 billion.

The statistics show that Iran’s exports have decreased by 44 percent in value and 45.1 percent in weight and that Iran’s imports have decreased by 26.8% in value and %0.8 in value.

The value of export of the country per ton was $290, which shows a $2.1% increase compared to the same period of the previous year.

However, the value of Iran’s import per ton was $854, which shows a %26.2 reduction compared to the previous year ($1,157 per ton).

 

 

Source: Islamic Republic News Agency – IRNA

 


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