Iran’s 7-months trade volume stands at $53 bn

TEHRAN, Nov. 20 (MNA) – Iran’s non-oil trade with other countries in the first seven months of the current fiscal year (March 21- Oct. 22) stood at around $53 billion, with the exports exceeding the imports.

According to Farhad Nouri, director general of Commercial Services Expansion Office at the Trade Promotion Organization of Iran (TPO), some $53 billion worth of goods entered and exited Iranian customs during the seven-month period, with exports sitting atop.

“Exports hit $27 billion while the imports amounted to $26 billion during the past seven months,” the official said, noting that despite the US’s unilateral sanctions the country’s trade balance remained positive during the period.

According to Nouri, over 70% of the exports were sent to five neighboring markets.

TPO is trying to broaden Iranian producers’ presence in other regional markets, he added, but did not provide further details.

Reportedly, Iraq, the UAE, Afghanistan, Turkmenistan, Azerbaijan, Kazakhstan, China and India are the main customers of Iranian products.


News Code 139764


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