Iran reports $713 mln trade deficit for fifth month of calendar year

Young journalists club

News ID: 47640
Iran » Iran
Publish Date: 21:22 - 29 August 2020
Saturday, 29 August 2020_Iran’s customs office (IRICA) has updated its monthly trade figures with a spokesman saying that imports outpaced exports by $713 million in the month to August 21.

Iran reports $713 mln trade deficit for fifth month of calendar yearRouhollah Latifi said on Saturday that Iran's exports had increased in volume terms in the fifth month of the calendar year to reach 7.781 million metric tons with total value of shipments sent to other countries exceeding $2.162 billion.

That was nearly 3.5 times the weight of imports into Iran at 2.41 million tons worth $2.875 billion, said Latifi.  

The official said China remained the top importer of Iranian non-oil goods over the monthly period as it took delivery of 2.195 million tons, or over 28 percent, of the shipment worth $566 million.

Iraq came second in the list of Iran’s top export destinations with $441 million paid for 1.42 million tons of cargoes, followed by the United Arab Emirates at 1.324 million tons worth $338 million.

 
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