IFP Exclusive

Iran’s non-oil exports rise by 30 percent despite bans

Figures released by Iran’s customs organization show that non-oil exports by the country leaped by 30 percent in the first two months of the Persian year of 1401.

Accordingly, the exports of non-oil goods during the period stood at over $8.5 billion and imports at over $8.1 billion, which made the trade balance positive given that exports overtook imports.

The destinations of Iran’s exports are China, the United Arab Emirates Iraq, Turkey and India.

These five countries respectively imported the highest amount of products from Iran.

The surge in trade ties with other countries comes as Iran is still under the harshest US sanctions that were mostly imposed by former US president Donald Trump as part of his so-called maximum pressure campaign.

Current US President Joe Biden has so far refused to remove those bans.

IFP Editorial Staff

The IFP Editorial Staff is composed of dozens of skilled journalists, news-writers, and analysts whose works are edited and published by experienced editors specialized in Iran News. The editor of each IFP Service is responsible for the report published by the Iran Front Page (IFP) news website, and can be contacted through the ways mentioned in the "IFP Editorial Staff" section.

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