Exports from West Azarbaijan increases 35% in a quarter on year

Exports from West Azarbaijan increases 35% in a quarter on year – Tehran%20Times

TEHRAN- As announced by a provincial official, the value of exports from Iran’s northwestern West Azarbaijan province, rose 35 percent in the first quarter of the current Iranian calendar year (March 21-June 21), as compared to the first quarter of the previous year.

Tohid Azarbod, an official with the customs department of the province, said that 400,000 tons of commodities valued at $242 million were exported from the province in the three-month period of this year, indicating a 38-percent rise in terms of weight as well.

The official further announced that 133,287 tons of products worth $252 million have been imported to the province in the first quarter of the present year.

The value of Iran’s non-oil exports reached $10.7 billion in the first three months of the current Iranian calendar year, up 69 percent compared to the last year’s same period, IRNA reported quoting the head of the Islamic Republic of Iran Customs Administration (IRICA).

According to Mehdi Mir-Ashrafi, Iran exported 30 million tons of non-oil commodities in the mentioned three months, registering a 38-percent rise compared to the figure for the last year’s Q1.

Meanwhile, some 8.4 million tons of goods valued at $10.2 billion were also imported into the country in the said period to register a 34-percent rise in terms of value compared to the last year’s same quarter.

In total, the Islamic Republic traded 38.4 million tons of non-oil goods worth $20.9 billion with its trade partners in the first quarter of the current Iranian calendar year, up 25 percent and 50 percent in terms of weight and value, respectively, Mir-Ashrafi said.

According to the official, the country’s trade balance was $476 million positive in the mentioned time span.

Iran’s top five non-oil export destinations during this period were China with $3.1 billion worth of exports, Iraq with $2.3 billion, the United Arab Emirates (UAE) with over $1.3 billion, Turkey with $595 million, and Afghanistan with $570 million.

Meanwhile, the country’s top five sources of imports during these two months were the UAE with $3.2 billion, China with $2.2 billion, Turkey with $1 billion, Germany with $414 million, and Switzerland with $384 million worth of imports.

The official also noted that over 2.742 million tons of goods were transited through Iran in the said period, registering a 121-percent rise compared to the same period in the previous year.

The value of Iran’s non-oil trade stood at $73 billion in the past Iranian calendar year (ended on March 20).

According to Mir-Ashrafi, Iran’s non-oil export was 112 million tons valued at $34.5 billion, while that of import was 34.4 million tons worth $38.5 billion in the past year, the official added.

MA/MA



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