Iran’s foreign trade hits nearly $79bn in 10 months

Fresh data show that Iran’s foreign trade volume reached around $79 billion over the past ten months, despite the US-engineered economic sanctions against the Islamic Republic.

According to the latest report issued by the Islamic Republic of Iran Customs Administration, the volume of Iran’s trade transactions hit $78.15 billion in the first ten months of the current Iranian year (started March 20, 2012).

The report added that Iran’s non-oil exports amounted to 64.407 million tons, valued at $34.383 billion. Meanwhile, imports totaled 32.507 million tons, worth $43.768 billion.

Iraq, China, the United Arab Emirates, Afghanistan and India were the main importers of Iranian goods, respectively accounting for $5.33 billion, $4.381 billion and $3.583 billion, $2.286 billion and $2.244 billion of the total value of exports.

Wheat, iron and non-alloy steel ingots, corn fodder, soybean meal and rice were the main commodities imported, while propane, urea, and methanol were the main goods exported.

Source: Press TV

Leave a Reply

Your email address will not be published.