Non-oil trade with Muslim countries up 14% in six months: IRICA

Iran’s non-oil trade with the member states of the Organization of the Islamic Cooperation (OIC) in the first half of the current Iranian calendar year (started March 20, 2024) hit $32.2 billion, showing a 14% growth compared to the same period last year.
This is according to the Islamic Republic of Iran Customs Administration (IRICA), which added that $15.6 billion of non-oil goods were exported from the country from March 20 to September 22, 2024, Tasnim News Agency reported.
More than 48 million tons of non-oil products were exchanged between Iran and the OIC member states during the first six months of the current Iranian calendar year, showing a 4% growth compared to last year’s corresponding period.
Out of that, 38.4 million tons, valued at $15.6 billion, were the exports, registering a one and a 10 percent growth in weight and value, respectively compared to the same period of last year.
In this period, 10.4 million tons of non-oil goods, valued at $16.6 billion, were imported into the country from the member states of the organization, indicating a 16 and an 18 percent growth in weight and value, respectively, IRICA added.
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