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6 rise in Iran non-oil foreign trade during four months of current Iranian year

During the first four months of the current Iranian year (March 2017-18), Iran’s non-oil foreign trade reached $29.27 billion, indicating a 6 rise compared with last year’s corresponding period.
(SHADA: TEHRAN) -- According to the latest report published by the Islamic Republic of Iran Customs Administration, imports stood at $15.813 billion, registering a 23.97% rise YOY.

Non-oil exports during the same period of last year hit $13.45 billion, indicating a 9.54% decline year-on-year. The average price of each ton of exported goods stood at $358 and that of imported commodities hovered around $1,399.

Gas condensates ($2.315 billion), followed by light crude oil excluding gasoline ($512 million), polyethylene ($485 million), liquefied propane ($446 million) and methanol ($426 million) were the main exported commodities.

Imports chiefly included rice ($603 million), field corn ($484 million), vehicles of engine displacement between 1500 cc and 2000 cc ($426 million), soybean ($338 million) and auto parts ($311 million).

Major customers of Iranian products during the four-month period were China ($2.841 billion worth of goods), Iraq with $2.52 billion, the UAE ($2.37 billion), South Korea ($1.4 billion) and India ($926 million).

Major exporters to Iran included China ($3.495 billion), the UAE ($2.992 billion), South Korea ($1.74 billion), Turkey ($958 million) and India ($891 million).