Iran’s non-oil exports valued at $50bn in past year

The director of Iran’s Trade Development Organization (TDO) has estimated the total value of the country’s non-oil export of goods and services in the previous Iranian year (that just ended on March 20) at USD50 billion.

Hamid Safdel further added that imports into Iran for the first 11 months of the past year reached USD48 billion, which is expected to climb to USD55 billion for the entire year.

According to Safdel, the value of Iran’s non-oil export of goods –excluding services– for the first 11 months of the year 1391 was 71 million tons, valued at USD38 billion, and predicted that the amount for the entire year will reach USD43 billion.

He then emphasized that all annual objectives that were predicted in the fifth development plan have been realized.

The trade official further added that import of goods in the past year reflected a decline of USD 5-7billion, which mainly included semi-built goods.

Source: Press TV

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