Non-Oil Exports Exceed $31bn in 9 Months

Iran has exported more than $31 billion worth of non-oil goods during the first nine months of the current Iranian year, which started on March 20, 2016, official customs data showed.

The Islamic Republic of Iran Customs Administration announced that the value of the country’s non-oil exports during the 9-month period stood at $31.593 billion.

During the said period, the country has imported $31.538bln worth of goods, which indicates a 4.38% increase compared to the same period last year.

Iran has stepped up efforts in recent years to enhance its non-oil exports and reduce dependency on its oil revenues.

In 2014, the country’s exports of commodities and natural-gas condensate reached $50 billion, showing a 19 percent increase compared to the year before.

There was also a boom in Iran’s service exports in diverse sectors, including tourism, engineering, and transit.

(Source: Tasnim, under Creative Commons licence)

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