Iran’s exports up 18% y/y in Apr-Dec to $43.14bn: IRICA
Figures by the Iranian customs office (IRICA) show that exports from the country rose significantly year on year in the nine months to late December.
IRICA figures released on Saturday showed that non-oil exports from Iran had reached $43.14 billion in the nine months to December 20, compared to the same period last year.
Export shipments also rose by 13.77% in volume terms to reach 116.348 million metric tons (mt) over the same period, the figures showed.
IRICA chief Forud Asgari said that petrochemicals had accounted for 32% or $19.7 billion worth of exports from Iran in April-December.
He said that China had been the largest buyer of Iranian goods and commodities in the nine months to late December with some $11 billion worth of purchases, followed by Iraq at $9.4 billion, the United Arab Emirates at $5.3 billion, and Turkey at $5.2 billion.
IRICA figures showed that imports into Iran, including its imports of gold bars to collect export payments, had amounted to $50.889 billion in April-December.
Import shipments declined by 3.16% in volume terms to reach $27.941 million mt, the figures showed.
Asgari said the UAE, the largest re-exporting hub in the Persian Gulf, was the largest supplier of goods and commodities to Iran over the three quarters to late December with some 15.3 billion worth of exports, followed by China at $13 billion and Turkey at $8.9 billion.
He said that Iran had spent $5.6 billion on the imports of standard gold bars in the April-December period, some $2.1 billion on animal feed imports, and another $1.7 billion on the imports of mobile phones.
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