INSUBCONTINENT EXCLUSIVE:
TEHRAN- As announced by a provincial official, 1.398 million tons of non-oil products valued at $944.783 million were exported from Isfahan
province in the very first 9 months of the current Iranian calendar year (March 20-December 21, 2024)
Rasoul Kouhestani-Pajouh, the director-general of the provinces Customs Department, said that non-oil export from the province fell 14
percent in regards to worth, and dropped 20 percent in terms of weight, as compared to the very same amount of time in the past year.He
mentioned petrochemical products, iron and steel, dairy products, machine-woven carpet, and copper as the major exported products and
Pakistan, Iraq, Afghanistan, the United Arab Emirates (UAE), and Turkey as the main locations of the products exported from the province in
the first nine months of today year.As formerly revealed by the head of the Islamic Republic of Iran Customs Administration (IRICA), Irans
non-oil exports rose 18 percent in the first nine months of the Iranian calendar year to $43.14 billion.Foroud Asgari said imports during
the mentioned period, including gold bullion, amounted to $50.89 billion
The weight of imports declined by 3.16 percent to 27.94 million lots, he added.Non-oil export volume reached 116.35 million lots in the
nine-month duration, a 13.77 percent boost from the previous year, Asgari kept in mind
The average customs worth per lots of exported items rose 3.74 percent to $371
Petrochemical exports represented 50.7 million loads, valued at $19.7 billion, representing a 33.25 percent boost in volume and a 32 percent
rise in value year-on-year
China stayed Irans leading export location, purchasing $11 billion worth of products
Iraq followed with $9.4 billion, the UAE with $5.3 billion, Turkey with $5.2 billion, Afghanistan and Pakistan with $1.7 billion each, and
Together, these 7 nations accounted for 82.4 percent of the overall export volume and 82.85 percent of export value.The UAE topped the list
of Irans import partners, exporting $15.3 billion worth of goods to Iran
China followed with $13 billion, Turkey with $8.9 billion, Germany with $1.8 billion, India and Russia with $1.1 billion each, and Hong Kong
These 7 nations supplied 75 percent of the import volume and 83 percent of import worth throughout the period.The average customizeds value
per lots of imported items increased 8.4 percent to $1,821
Gas in liquid type led the export list at $6 billion, followed by melted propane at $2.5 billion and methanol at $1.9 billion
Secret imports included raw gold at $5.6 billion, livestock corn at $2.1 billion, and smartphones at $1.7 billion.Asgari, who likewise acts
as deputy economy minister, emphasized the function of sell reinforcing the nationwide economy amid continuous global sanctions.The 11th
session of the Supreme Council for the Development of Non-Oil Exports was held after a four-year hiatus, with the participation of Irans
very first vice president on January 1
In an unique interview with IRIB, Alireza Dehghan Dehnavi, head of Irans Trade Promotion Organization (TPO), highlighted the significance of
this council, which had actually been non-active for almost 4 years.He kept in mind that the council had played a key role in nationwide
decision-making procedures before falling under disuse.Dehnavi explained that the revival of the council was triggered during this years
National Export Day occasion, where Masoud Pezeshkian instructed its reactivation.With the efforts of the federal government and the
assistance of the first vice president and the minister of industry, mining, and trade, the foundation for the councils return was laid,
culminating in its 11th session.The session, chaired by First Vice President Mohammad Reza Aref, combined all council members to go over
The meeting focused on 3 primary locations: The council examined the statistical efficiency of the nations non-oil exports
Dehnavi acknowledged that Irans non-oil trade balance has actually been unfavorable recently, with a $17 million deficit tape-recorded in
2015 regardless of a positive general trade balance
The Vice President tasked the TPOI with reversing this trend by increasing non-oil exports.The council determined a number of challenges
preventing foreign trade, including extreme regulations, inadequate infrastructure for exports (such as transportation and custom-mades
centers), and challenges in export-related policies.Dehnavi stressed the requirement to align monetary and trade policies, as the previous
has frequently eclipsed the latter
The council solved to reform trade policies to attend to these issues.Several proposals were authorized, consisting of holding routine
council sessions and developing provincial export development task forces led by governors
These initiatives aim to make export promotion a nationwide campaign.The council also went over a tactical roadmap free of charge trade
zones, aiming to change these locations into export centers
The TPO is preparing this document with council support.Additionally, cooperation with the private sector was highlighted to identify and
execute high-impact export projects.Other topics consisted of reforms in re-exports and short-lived imports, with a task force comprising
custom-mades, farming, health, and trade organizations formed to simplify processes
The rates of export items at customs was also debated, with calls for an evaluation to boost coordination among export-related bodies.The
session concluded with strategies to establish specialized commissions to preserve continuity between council conferences and guarantee
efficient decision-making in foreign trade.MA
