Iran’s non-oil trade during the first month of the Iranian year 1396 (March 21- April 20, 2017) amounted to $5.06 billion, that is not even 2% more than in the year before.
According to the latest report by the Islamic Republic of Iran Customs Administration, Iran exported $ 2.72 billion worth of non-oil commodities in the first month of the year 1396, down 10% to Farvardin 1395. Gas condensates were Iran’s main exported commodity ($ 493 million), followed by methanol ($ 132 million), liquefied propane ($ 103 million), film grade polyethylene ($ 98 million), non-alloy iron and steel ($ 97 million), petroleum gases, liquefied hydrocarbons ($ 96 million), light crude oil and its derivates excluding gasoline ($ 91 million), liquefied butane ($ 63 million), HDPE injecton grade ($ 63 million) and bitumen ($ 54 million). China was the main customer of Iranian products, as Iran exported $ 615 million worth of non-oil goods to the Asian country during the period. Other major export destinations included the UAE with $ 497 million, Iraq with $ 388 million, India with $ 248 million and South Korea with $ 153 million worth of Iranian goods.
In return, the country imported $ 2.348 billion worth of goods – up 18% year-on-year. The imported commodities mainly included feed corn ($ 144 million), rice ($ 74 million), motor vehicles with engine displacement of 1,500-2,000cc ($ 64 million) and soybean ($909 million). Major exporters to Iran included China ($ 485 million), the UAE ($ 402 million), Turkey ($ 180 million), South Korea ($ 143 million) and India ($ 131 million). The shares in Iranian imports are 21% (China), 17% (UAE), 8% (Turkey), 6% (South-Korea) and 6% (India). Germany hold place six with exports worth 121 million, resp. 5%.