Iran’s non-oil exports up 6.5%

In this period, Iran exported goods worth $8.229 billion to China, which is 11 percent more than the figure for the same period of the year earlier.

Over 66 percent of Iran’s export went to China, the UAE, Iraq, Turkey and South Korea during the 11-month period.

Iran exported commodities worth $5.862 billion to the UAE during the period accounting for 14.1 percent of Iran’s total exports in terms of value.

Meanwhile, Iran’s exports to the UAE dropped by 14 percent year-on-year.

Other top importers of Iranian goods were Iraq ($5.578 billion), Turkey ($3.874 billion), South Korea (with $3.797 billion), India ($2.49 billion), Afghanistan ($2.467 billion), Pakistan ($822 million), Thailand ($653 million), Indonesia ($506 million), Taiwan ($468 million), Oman ($467 million), Japan ($423 million), Turkmenistan ($383 million), Italy ($366 million), Hong Kong ($348 million), Vietnam ($343 million), Germany ($318 million), Azerbaijan ($273 million) and Syria ($260 million).

The value of exports to Turkey, which was fourth largest market for Iran’s non-oil exports in the year to March 20, 2018, registered an increase by 31 percent.

Iran’s exports to the UAE, Japan and Oman registered decline of 14, 60 and 10 percent. Iran’s exports to India, Vietnam, Taiwan and Turkmenistan also fell by one, 12, 14 and 20 percent, respectively in terms of value, year-on-year.

Meanwhile, exports to Indonesia and Thailand registered a significant rise of 248 and 126 percent, in terms of value, respectively.

Iran’s exports to South Korea and Syria had also increased by 41 percent and 39 percent, respectively.

Iran’s exports to Pakistan (11 percent) and Afghanistan (9 percent) also witnessed a growth during the period, while exports to Hong Kong saw a 12-percent decline year-on-year.

Italy and Germany were the only European countries on the top 20 list of Iran’s non-oil export destinations during the 11 months to February 19, 2018.

Iran’s exports to Germany witnessed a 14-percent growth in terms of value, whereas Italy’s imports from the Islamic Republic dropped by 14 percent.