Iran exports nearly $30b worth of oil in 10 months: IRICA
Iran exported $29.9 billion worth of oil products in the first 10 months of the current Iranian year (started March 21, 2023), registering a 10% growth in terms of value compared to the same period last year, announced the head of the Islamic Republic of Iran Customs Administration (IRICA).
Some 113 million tons of goods, valued at $40.5 billion, were exported from the country between March 21, 2023, and January 22, 2024, with oil, luggage trade, electricity and techno-engineering services excluded, Mohammad Rezvanifar added, according to Tasnim News Agency.
He noted that Iran’s exports of non-oil products showed a 9.4 percent growth in weight, and an 11 percent decline in
value.
In this period, 32.7 million tons of goods, valued at $54.3 billion, were imported into the country, registering an 11.6 percent growth in value, and a six percent growth in weight, he noted, Mehr News Agency reported.
The IRICA head said that more than 11.9 million mobile phone sets, valued at $2.5 billion, were imported into the country from March 21, 2023, to January 22, 2024.
In the same period, more than 21 million tons of basic goods, valued at $16.3 billion, were imported into the country, Rezvanifar added.
The country’s total value of trade stood at about $94.8 billion, he said, adding that the country’s trade deficit was $13.8 billion.