Iran’s nine-month trade up 7%: Minister
Iran’s foreign trade registered a seven percent growth in the first nine months of the current Iranian year (started March 21, 2023), announced the minister of economic affairs and finance.
The country’s foreign trade value, from March 21 to December 22, 2023, hit $112 billion, showing a seven percent increase compared to the corresponding period last year, Ehsan Khandouzi said, according to IRNA.
He added that the Islamic Republic of Iran Customs Administration (IRICA) calculated the monthly foreign trade report with the inclusion of the exports of oil, electricity, technical and engineering services for the first time, ecc.news reported.
The report indicates that Iran’s exports value exceeded that of imports by as much as $15 billion, Khandouzi said, adding, “This means that more than $63 billion worth of oil- and non-oil products were exported from the country while more than $48 billion worth of products were imported into the country in this period.”
Accordingly, the total value of Iran’s foreign trade hit $112 billion from March 21 to December 22, 2023, indicating a seven percent hike compared to the same period last year, the economy minister added.