Iran’s trade increases by $85 billion

Iran’s trade increases by $85 billion
News code : ۸۹۱۴۵۰

Head of Iran’s Customs has reported an $85-billion increase in the country’s non-oil exports in the past Persian year, 1398 (starting om March 2019).

Mehdi Mirashrafi said that the increase was a historic record in Iran's non-oil exports in terms of weight index, which experienced a growth of 5.13 percent compared to the same period in 2018.

He said that petrochemical commodities have the highest share in Iran's export value, indicating that the country is moving away from selling crude and moving toward exporting processed petroleum products.

Mirashrafi stated that the largest share of the exports in 2019 went to China and Iraq, Turkey, UAE, and Afghanistan respectively with $9, 5, 5.4, 3.2 billion were the 5 first export targets of Iranian exports.

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