China, Iraq are Iran’s Biggest Non-Oil Customers

By John Lee.

Iran’s Trade Promotion Organization (TPOI) has issued data showing that five countries — China, Iraq, UAE, South Korea and India — accounted for 68.7 percent of Iran’s total non-oil exports in the first five months of the current Iranian fiscal year (March 20-Aug. 22).

Total non-oil exports (including gas condensate) fell 5 percent in the period, to $17.193 billion.

China was the main importer of goods from Iran, accounting for 21.8 percent of the total, with Iraq taking 15.1 percent, followed by the UAE, South Korea, India, Afghanistan, Turkey, Pakistan, Thailand and Taiwan.

The exports to Turkey, which was fourth target of Iran’s non-oil exports last fiscal year, fell by 59 percent.

(Source: Trend)

(Image credit: Tasnim, under Creative Commons licence)

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