Iran’s six-month trade exceeds $54b: IRICA
Iran’s foreign trade surpassed $54 billion during the first six months of the current Iranian year (March 21-September 22), witnessing a 4.84 percent growth compared with the same period in 2022, announced Mohammad Rezvanifar, the head of the Islamic Republic of Iran Customs Administration.
The Islamic Republic’s foreign trade was nearly at $54.6 billion in the first half of the current Iranian year, Rezvanifar noted, according to IRNA.
The foreign trade reached 85.3 million tons in terms of weight in the first six months of 1402, which grew 23.78% compared with the same period last Iranian year, he said.
Also, the official added, Iran’s foreign transit stood at 7.7 million tons in the first half of the year 1402, showing an 8.24 percent growth compared with the same period last year.
Iran exported 67.7 million tons of non-oil commodities, worth $24.144 billion, in the six months. The export of non-oil commodities in the period increased by 29 percent in terms of weight.
Meanwhile, a sum of 17.6 million tons of goods valued at $30.44 billion were imported into the country in the said period, indicating an 11.62 percent rise in terms of value, and a 6.89 percent rise in terms of weight, year-on-year.
Iran’s top export destination during this period was China, with $6.9 billion worth of imports from the Islamic Republic, followed by Iraq, with $4.5 billion, the United Arab Emirates (UAE), with over $3 billion, Turkey with $2.4 billion, and India with $1.1 billion.
Liquefied natural gas, liquid propane, and liquid butane were the top exported items in the said six months.
Meanwhile, the country’s top five sources of imports in the first half of the current year were the UAE, with $9 billion, China, with $8.8 billion, Turkey, with $3.3 billion, Germany, with $1.1 billion, and India, with $987 million worth of imports.
Corn, smartphones, soybeans, sunflower seed oil, and rice were the top imported items in the said period.
Iran’s annual non-oil exports set a new record in the history of the country during the 12 months to March 20.
The non-oil trade of the country in the previous Iranian year hit 159.236 million tons in weight, and $112.821 billion in value.
Iran’s non-oil trade has increased by $11.38 billion as compared to the previous year, hitting a record in the history of the
country.