Iran’s non-oil foreign trade during the first five months of the current Iranian year (started March 21) stood at $36.635 billion, indicating a 5.34% rise compared with last year's corresponding period.
According to the latest report by the Islamic Republic of Iran Customs Administration, non-oil exports during the period hit $17.193 billion, indicating a 4.95% decline year-on-year. Petrochemicals ($6 billion), followed by gas condensates ($2.920 billion), polyethylene ($652 million), liquefied propane ($576 million), light crude oil excluding gasoline ($555 million) and methanol ($498 million) were the main exported commodities. China was the main customer of Iranian products during the period, as Iran exported $3.743 billion worth of goods, +10%) to the Asian country. Other major export destinations included Iraq ($2.604 billion (+4%), the UAE ($2.583 billion, -14,54%), South Korea ($1.676 billion, +8%)) and India ($1.199 billion).
Non-oil imports amounted to $19.442 billion, up 16.49% YOY. Imports mainly included rice ($963 million), field corn ($612 million), vehicles of engine displacement between 1500 cc and 2000 cc ($515 million), auto parts for production ($434 million) and soybean ($410 million). Major exporters to Iran included China ($4.256 billion), the UAE ($3.341 billion), South Korea ($1.346 billion), India ($1.266 billion) and Turkey ($1.138 billion). Germany holds place six with imports worth $ 1.044 billion, that is 5% of all imports and indicating a 10.31% rise compared with last year's corresponding period.
The average price of each ton of exported goods stood at $358 (+3,47%) and that of imported commodities hovered around $1,367 (+8,84%).