Foreign trade tops $54b in H1 calendar year as import values dip: IRICA

Iran’s foreign trade reached $54.31 billion in the first half of the current Iranian calendar year, which began on March 21, with the value of imports falling compared with the same period last year, the head of the Islamic Republic of Iran Customs Administration (IRICA) said on Tuesday.
Foroud Asgari said that during the stated period, Iran exported $25.94 billion worth of non-oil goods and imported $28.37 billion. The total weight of exported goods was 74.997 million tons, compared with 18.757 million tons of imports, as reported by IRNA.
According to the deputy finance minister, non-oil exports rose six percent in weight compared with the same period last year, while their value remained largely unchanged. Imports increased slightly in weight by two percent but declined in value by roughly 15 percent.
Asgari also highlighted that Iran maintained trade relations with more than 100 countries during the first half of the year, reflecting the country’s broad international commercial network.

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