TEHRAN – Iran’s total non-oil exports hit $49.744 billion in the past Iranian calendar year, which ended on March 20, showing 18.87 percent rise from $41.848 billion in its preceding year, according to the Iran Customs Administration.
The country’s non-oil imports reached $52.477 billion in the past calendar year, with 5.57 percent growth compared to the year before, the Mehr News Agency reported on Sunday.
Iran’s value of annual non-oil exports is planned to rise by 20 percent and reach $60 billion in the current Iranian calendar year, according to Iranian Deputy Industry, Mining, and Trade Minister Mojtaba Khosrotaj.
In December 2014, Iranian President Hassan Rouhani said the government aimed to increase non-oil exports to $50 billion by the next calendar year.
Traditionally, Iran relies heavily on oil for revenue. With sanctions restricting oil exports, the government has worked to advance other parts of the economy.