IRICA reports $34.175b in non-oil trade during first four months
The Islamic Republic of Iran Customs Administration (IRICA) announced the country's non-oil trade reached 61.02 million metric tons valued at $34.175 billion during the first four months of the current Iranian calendar year (that began on March 20, 2025).
This volume reflects a marginal 0.48% increase by weight but a significant 10% decrease in value compared to the same period last year, IRNA reported.
Of the total trade volume, non-oil exports accounted for 48.811 million metric tons worth $16.549 billion while imports totaled 12.209 million metric tons valued at $17.627 billion.
Non-oil exports registered a 1.46% increase in weight but a 5.51% decline in value year-on-year. Imports during the same period decreased by 3.23% in weight and 14.20% in value.
Petrochemical exports amounted to 17.402 million metric tons worth $6.894 billion, reflecting an 8.30% decrease in volume and 10.22% decrease in value.
The five principal export commodities were natural gas, liquefied propane, methanol, liquefied butane, and petroleum asphalt. Major import items comprised gold in raw forms, animal feed corn, rice, sunflower seed oil, and soybeans.
China, Iraq, United Arab Emirates, Turkey, Afghanistan, Pakistan, and Oman served as primary export destinations, while United Arab Emirates, China, Turkey, India, Germany, Russian Federation, and Netherlands emerged as leading import partners during the four-month period ending July 21, 2024.