Iran’s Non-Oil Exports Grow Over 6% in February

Iran’s ministry of industry, mine and trade announced on Wednesday that the country’s non-oil exports showed a 6.2 percent rise in February compared to January.

Goods exports in the eleven months of this year (March 20, 2020- February 18, 2021) exceeded 103 million tons worth over $31 billion, it added.

China accounts for 26%, Iraq 22%, the United Arab Emirates 13.4%, Turkey 7%, and Afghanistan 6.7% of the value of Iran’s non-oil exports, the report said, adding that petrochemicals and condensates accounted for 51%, mining and mining industries for 21%, agriculture and food industry for 18%, and industry sector for 10% of all exported goods.

In relevant remarks in early March, Islamic Republic of Iran Customs Administration (IRICA) announced that exports of non-oil goods from the country increased by 6.2 percent in the first 11 months of the current Iranian year.

“The total value of non-oil exports from Iran in the 11th month of the current Iranian year had reached $3.135 billion, up by $184 million against the previous month,” IRICA Spokesman Rouhollah Latifi said.

He pointed out that the total value of non-oil exports from Iran for the 11-month period between late March last year and late February this year had amounted to $31.198 billion.

China remained the top importer of Iranian goods over the same month with $845 million worth of purchases, followed by Iraq at $477 million and the United Arab Emirates (UAE) at $441 million.

The three countries along Afghanistan and Turkey accounted for 70 percent of all purchases in value terms and 60 percent of the weight of the export cargoes, said Latifi.

Source : Fares News