Iran’s non-oil exports exceed $28 bln in 8 months

Young journalists club

News ID: 16818
Iran » Iran
Publish Date: 18:05 - 14 December 2017
TEHRAN, December 14 - Deputy Head of Iran’s Trade Development Organization Mohammad-Reza Modoudi said the country’s non-oil exports have surpassed $28 billion over the first eight months of Iranian calendar year (March 20, 2017- November 21, 2017).

Iran’s non-oil exports exceed $28 bln in 8 monthsTEHRAN, Young Journalists Club (YJC) - The level of non-oil exports have exceeded $28 billion over the 8 months, he said.

He said that Iran’s non-oil exports have grown by the last 4 months comparing to similar period in the year before.

In July, official figures showed the volume of Iran’s non-oil exports to the European Union (EU) saw a gigantic increase over the first four months of 2017.

Figures – as reported by Iran’s IRNA news agency – showed that the value of Iran’s exports to the EU from January to April 2017 reached as high as €3.4 billion. This, IRNA added, was an increase of five folds compared to the same period last year when Iran’s exports to the Union stood at around €0.7 billion.

Other figures showed that the overall volume of Iran’s trade with the EU over the same period had reached around €6.5 billion – an increase of around 127 percent compared to last year when mutual trade had been recorded at below €3 billion.

To the same degree, EU exports to Iran rose by 44 percent from January to April at a total value of €3.1 billion. In 2016, the figure stood at €2.1 billion, according to Presstv.

Reports earlier said industrial goods such as hot-rolled non-alloy iron, steel, non-alloy iron and steel in forms other than ingots top the list of Iran’s exports to the EU. Other popular products include condensate, light oils and methanol.

Key consumers of Iranian goods traditionally are Spain, France, Greece and Italy.

 

 

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