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Iran's non-oil annual trade exceeds $105 billion

Source: Mehr News Agency, Tehran

Iran exported around $43.7 billion worth of non-oil goods in the past calendar year, which ended on March 19, and imported some $61.8 billion worth of goods, to hit the unprecedented mark of $105 billion in annual trade, the Customs Administration head announced on Monday.

Islamic Republic of Iran Shipping Lines

Abbas Memarnejad said non-oil exports rose by 28 percent compared to the year before, while imports declined by 4 percent, the Fars news agency reported.

On March 16, Trade Promotion Organization director Hamid Safdel said Iran's main non-oil exports are gas condensates, petrochemical products and engineering services, amounting to $9 billion, $13 billion, and $4 billion respectively.

Other exports, including carpets, handicrafts and agricultural goods such as nuts, were valued at about $17 billion.

First Vice-President Mohammad-Reza Rahimi announced in January that Iran's overall non-oil trade balance is anticipated to reach zero in the next Iranian calendar year.

China, the UAE, and Iraq were respectively the main destinations for the Iranian goods, while, the UAE, China and South Korea, in order, were the main exporters to Iran during the last calendar year.

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