Iran foreign trade surplus hits $ 2 billion during first 8 months

TEHRAN, Dec. 02 (MNA) – Iran Customs Administration (IRICA) has announced that Iran’s foreign trade surplus hit $ 2 billion during the first eight months of Iranian year 1397 (beginning on March 21, 2018 and ending on November 21, 2018.)

According to the statistics available on the website of Iran Customs Administration (IRICA), “the country's non-oil exports exceeded $ 31 billion during the first eight months of this Iranian year and stood at $ 31.491 billion.”

During this eight-month period, the volume of Iran’s non-oil exports reached 75.27 million tons valued at $ 31.491 billion, indicating that Iran's exports increased by 12. 96% until the end of Iranian month of Aban (November 21, 2018) compared to the same period last year.

Also during the same period, the volume of goods imported to Iran was 21.549 million tons worth $ 29.549 billion, which suggests that the volume of imported goods decreased by 12.58%.

The most important export items during this period were gas condensate valued at $ 2.776., liquefied propane worth $ 1.339, and light oils as well as other products except for gasoline worth $ 1 billion.

Moreover, 1.67 billion worth of methanol and $ 986 million worth of liquefied natural gas (LNG) were also exported during the period.

The statistics show that petrochemicals accounted for 32.93% of the total value of Iran's exports, while gas condensate share was 8.81%.

KI/IRN83120251

News Code 140133

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