IRICA: Nine-month non-oil ex­ports up 5.4%

Iran Daily - - Domestic Economy -

Iran’s non-oil ex­ports reached 86.9 mil­lion tons worth $33.3 bil­lion, dur­ing March 21-De­cem­ber 21, 2018, wit­ness­ing a 5.4-per­cent growth in terms of value.

Ac­cord­ing to fig­ures by the Is­lamic Repub­lic of Iran Cus­toms Ad­min­is­tra­tion (IRICA), the coun­try im­ported 23.8 mil­lion tons of goods val­ued at $32.62 bil­lion in the same du­ra­tion, IRNA wrote.

Iran’s nine-month im­ports in­di­cated a 13.2-per­cent de­crease and a 15.9-per­cent de­cline weight- and value-wise re­spec­tively year-on-year.

The bal­ance of Iran’s for­eign trade in this pe­riod was $738 mil­lion in the fa­vor of the coun­try.

Iran’s ex­ports des­ti­na­tion in the same du­ra­tion were Iraq, China, the UAE, Afghanistan and Turkey.

Im­port­ing $6.92 bil­lion worth of goods, Iraq ranked first among Iran’s tar­get mar­kets in this pe­riod, ac­count­ing for 20.7 per­cent of the to­tal value of the pur­chases from its eastern neigh­bor.

China stood se­cond among the im­porters of Ira­nian items in the same times­pan, pur­chas­ing $6.74 bil­lion worth of prod­ucts from the Mid­dle Eastern state.

The UAE, Afghanistan and Turkey im­ported, re­spec­tively, $5.13 bil­lion, $2.33 bil­lion and $1.91 bil­lion worth of Ira­nian prod­ucts in the same nine-month pe­riod to rank third to fifth among Iran’s top ex­port des­ti­na­tions.

Min­eral ex­ports

In this du­ra­tion, the value of Iran’s min­eral ex­ports ex­ceeded $7.2 bil­lion, in­di­cat­ing a one-per­cent growth year-onyear and ac­count­ing for 22 per­cent of the coun­try’s to­tal nine-month over­seas sales of non-oil prod­ucts.

Dur­ing the same pe­riod, Iran ex­ported over 44.7 mil­lion tons of min­er­als, which – al­though wit­ness­ing a 10-per­cent drop year-on-year – con­sti­tuted 51 per­cent of the coun­try’s to­tal nine-month non-oil ex­ports weight-wise.

In this times­pan, Iran ex­ported 7.2 mil­lion tons of steel prod­ucts worth over $3.4 bil­lion, 11 per­cent and 36 per­cent higher than the fig­ures for the same pe­riod last year in terms of weight and value re­spec­tively.

In the same nine-month pe­riod to De­cem­ber 21, the weight and value of Iran’s ex­ports of cop­per and down­stream prod­ucts of the min­ing sec­tor stood at 256,400 tons and $642.9 mil­lion re­spec­tively.

The fig­ures in­di­cated a 55-per­cent de­cline in terms of weight and an eight-per­cent rise value-wise com­pared to those of the same pe­riod a year ago.

Thus, ex­ports of cop­per and down­stream prod­ucts in the same times­pan ac­counted for nine per­cent of the domestic min­ing sec­tor’s to­tal over­seas sales in terms of value.

Ce­ment ex­ports in this du­ra­tion sur­passed 12 mil­lion tons sold at $407.7 mil­lion, show­ing a one-per­cent growth and a nine-per­cent de­crease in terms of weight and value cor­re­spond­ingly.

Iron ore con­cen­trate ex­ports in the same times­pan amounted to over 4.7 mil­lion tons val­ued at $346.4 mil­lion.

These fig­ures showed sig­nif­i­cant in­creases of 1,619 per­cent and 1,352 per­cent weight- and value-wise year-onyear.

In the same du­ra­tion, Iran im­ported min­er­als val­ued at $2.5 bil­lion, down 31 per­cent com­pared to the fig­ure for the same pe­riod last year.

Iran’s min­eral im­ports in the same du­ra­tion weighed over 2.8 mil­lion tons, show­ing a 38-per­cent de­cline year-onyear.


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