Iran’s foreign trade reaches US$100 bln in 7 months

Iranian deputy minister of economy said on Monday that the country’s foreign trade reached US$100 billion dollars during the first 7 months of Iranian calendar year (March 22, 2024 – September 21, 2024).

News ID: 5353

Date: 04 November 2024 - 08:30

TABNAK, Nov, 04 :Out of total of US$99.7 billion of Iran's foreign trade during this period, US$60.2 billion comprised exports including oil and technical and engineering services, and US$39.5 billion have been imports mainly gold bars, said Head of Iran’s Customs Organization Mohammad Rezwani-Far.

Iran’s non-oil exports during the period reached US$32.5 billion, showing 15 percent jump comparing to similar period in the year before, he said.

Crude oil and furnaces exports totaled US$27 billion, technical and engineering services’ exports reached US$700 million during the period.

Iran’s non-oil exports weight 88 million tons during the period, surging by 11.48 percent comparing to the same period last year, he said.

During this period, 37.9 million tons of petrochemical products worth US$15.2 billion have been exported, which has increased by 23% in terms of weight and 24% in terms of value.

China is still Iran’s first trade partner which imported US$8.6 billion Iranian goods.

Iraq with US$7.3 billion, the United Arab Emirates with US$4.2 billion, Turkey with US$3.3 billion, Afghanistan With US$1.3 billion, Pakistan with US$1.2 billion and India with US$1.1 billion have followed China respectively in terms of importing Iranian goods.