AhlulBayt News Agency: Iran’s Customs Administration (IRICA) has reported a 14.4% decline in the country’s non-oil exports during the first quarter of the Iranian calendar year, which began in late March. According to data released on Monday, Iran exported $11.655 billion worth of goods between March 20 and June 21.
Export volumes also dropped by 9.3% year-on-year to 34.476 million metric tons (mt). The average export value per metric ton was recorded at $338.
Petrochemical products made up a major portion of exports, totaling 11.133 million mt valued at $4.684 billion—a 24.5% decrease compared to the same quarter last year. Sales of liquefied propane and butane reached $1.485 billion, while methanol and bitumen brought in $1.15 billion. Natural gas exports were valued at $456 million.
China remained Iran’s biggest non-oil trading partner, purchasing $3.511 billion worth of goods. Iraq and the United Arab Emirates followed with $1.905 billion and $1.592 billion in imports from Iran, respectively.
Iran’s imports also saw a drop: 9 million mt of goods were brought in, valued at $13.029 billion—marking declines of 4.35% in volume and 11.73% in value year over year.
Gold ranked as the top import item at $965 million, followed by animal feed corn at $883 million and rice at $500 million.
The UAE was the top exporter to Iran in this period with $3.886 billion in goods, followed by China at $3.428 billion and Turkey at $1.986 billion.
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