Iran’s non-oil foreign trade during the first nine months of the current fiscal year (started March 21) stood at $69.210 billion, indicating a 8% rise compared with last year’s corresponding period.
According to the latest report of the Islamic Republic of Iran Customs Administration exports hit $31.640 billion, indicating a 2.39% decline year-on-year. Gas condensates ($5.098 billion), liquefied propane ($1.068 billion), methanol ($835 million), light crude oil, excluding gasoline ($810 million) and hematite pig iron ($765 million) were the main exported commodities. China was the main customer of Iranian products during the nine-month period, as Iran exported $6.527 billion worth of goods to the Asian country, 12.78% more than in the corresponding period of last year. Other major export destinations included Iraq with $4.628 billion, the UAE ($4.458 billion), South Korea ($3.011 billion) and Afghanistan ($2.004 billion). Exports to Iraq, South Korea and Afghanistan rose by 0.36%, 28.99% and 6.27% respectively compared to last year, but the UAE imported 18.39% less goods from Iran in the period compared with last year’s same period.
Imports amounted to $37.570 billion, up 18.31% YOY. Imports mainly included auto parts for production of automobiles ($1.240 billion), field corn ($1.115 billion), rice ($1.015 billion), soybean ($749 million) and vehicles (without ambulances and hybrid cars) of engine displacement between 1500 cc and 2000 cc ($660 million). Major exporters to Iran included China ($9.452 billion), the UAE ($6.656 billion), Turkey ($2.576 billion), South Korea ($2.563 billion) and Germany (2.095 billion).