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Iran’s foreign trade value increases

Business Materials 10 November 2022 17:02
Trend News Agency
Iran’s foreign trade value increases

TEHRAN, Iran, November 10. Iran’s foreign trade value has reached $81.3 million in the first seven months of the first current Iranian year (started March 21, 2022) indicating a 10 percent increase, the head of Iran Customs Administration Alireza Moghadasi, Trend reports citing IRNA.

Iran has exported 61.2 million tons of non-oil commodities valued at $28.4 billion in this period showing a 5.6 percent increase in value and an 18.2 percent drop in weight compared to the previous year, he said.

The country has imported 19.7 tons of goods valued at $31.7 billion in the first seven months of the year indicating a 15.7 percent decline in value and a 14.4 percent increase in weight, he noted.

Propane, methanol, polyethylene, liquid natural gas, urea, metal and steel ingot, light oils, and oil bitumen were some of the non-oil export destined for China, Iraq, UAE, Turkey, and India, Moghadasi pointed out.

Livestock input, rice, wheat, soybean, smartphone, sunflower seed oil, tractors, and raw sugar were imported by Iran during this period from Emirates, China, Turkey, India, and Germany.

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