INSUBCONTINENT EXCLUSIVE:
TEHRAN Iran exported over 152 million lots of non-oil products worth $57.8 billion in the previous Iranian fiscal year, which ended on March
This marked a 10 percent increase in volume and a 15.62 percent increase in worth compared to the previous year, according to Abolfazl
Akbarpour, the deputy head of the Islamic Republic of Iran Customs Administration (IRICA) for planning and worldwide affairs.Imports totaled
39.3 million loads valued at $72.4 billion, representing a 0.77 percent decrease in weight however an 8.22 percent boost in value from the
The outcome was a non-oil trade deficit of $14.6 billion, mostly due to the import of over $8.0 billion worth of raw gold bars, which
represented 11.12 percent of the overall import value.Irans main non-oil exports consisted of natural gas, melted lp and butane, methanol,
melted petroleum gases and hydrocarbon gases, and gas condensates.Natural gas was the leading export item, with a typical custom-mades value
of $314 per ton.Other leading exports were petroleum bitumen, urea, non-alloy iron and steel billets, iron or steel bars, and
polyethylene.The leading destinations for Irans exports were China at $14.8 billion, Iraq at $11.9 billion, the United Arab Emirates at $7.2
billion, Turkey at $6.8 billion, Pakistan and Afghanistan at $2.4 billion each, and India at $1.9 billion
These seven nations represented $47.6 billion, or 82.3 percent of Irans total non-oil export value.On the import side, essential items such
as corn feed, soybean meal, genetically modified soybeans, rice, and sunflower seed oil were amongst the leading products
Other essential imports consisted of smart devices, tractors, and vehicle parts.The UAE was Irans largest source of imports at $21.9
billion, followed by China at $19.3 billion, Turkey at $12.4 billion, Germany at $2.4 billion, India at $1.7 billion, Hong Kong at roughly
$1.4 billion, and Russia at $1.3 billion
Together, these nations provided goods worth $60.7 billion, or 83.8 percent of Irans amount to imports.Akbarpour said the trade deficit
could be largely credited to the rise in gold imports, which by themselves exceeded $8.0 billion.EF/ MA
