Iran's H1 foreign trade up by 47% to $45b

Published 2021년 9월 28일

Tridge summary

Iran's non-oil foreign trade experienced a 47% increase in the first half of the current Iranian year, reaching 79.1 million tons worth $45 billion. The country's exports, including liquefied natural gas, methanol, and polyethylene, saw a 30% and 61% rise in weight and value year-on-year, with China, Iraq, Turkey, and the UAE being the main export destinations. Imports, mainly corn, soybeans, and essential goods like unprocessed vegetable oils, corn, oilseeds, wheat, and soymeal, increased by 15% and 37% in tonnage and volume respectively. The busiest border crossings for transit included Shahid Rajaee Special Economic Zone in Hormozgan Province and Bazargan in West Azarbaijan Province, accounting for 89% of Iran’s overall transit.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

EghtesadOnline: Iran’s non-oil foreign trade stood at 79.1 million tons worth $45 billion during the first half of the current Iranian year (March 21-Sept. 22), registering a 47% growth in value compared with the similar period of last year, according to the head of the Islamic Republic of Iran Customs Administration. Iran’s exports stood at 60 million tons worth $21.8 billion in the six-month period, showing a 30% and 61% rise in weight and value respectively year-on-year, Mehdi Mirashrafi was also quoted as saying by Iribnews.ir.Iran’s main export destinations were China with 14.8 million tons worth $6.5 billion, Iraq with 13.9 million tons worth $3.8 billion, Turkey with 7.2 million tons worth $2.3 billion, the UAE with 5.8 million tons worth $2.2 billion and Afghanistan with 2.5 million tons worth $1 billion.The exports mainly included liquefied natural gas, methanol, polyethylene, semi-finished iron products, iron ingots, propane, urea, iron bars and ...

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