Iran’s annual foreign trade hits $102 billion

Trade ship

The volume of Iran’s exports last year witnessed a 4.83 percent increase compared to a year earlier, and the value of exports jumped by 18.87 percent.

The Iranian Customs Office announced on Tuesday that the value of the country’s foreign trade in the last Iranian year [which ended on March 21] surpassed one hundred billion dollars.

According to the data released by the public relations department of the Iranian Customs Office, the country has exported $49.744bln and imported $52.477bln worth of goods over the 12 months of the last year.

The volume of Iranian exports in the mentioned period amounted to 98.416 million tons and the figure for the Iranian imports hit 41.234mln tons, the report said.

It also showed that the volume of Iran’s exports last year witnessed a 4.83 percent increase compared to a year earlier, and the value of exports jumped by 18.87 percent.

Back in March, Iranian President Hassan Rouhani announced that the country’s non-oil exports hit a record high, emphasizing that the success was achieved despite Western sanctions.

Speaking at a session of the cabinet on March 18, President Rouhani said the country exported nearly $50 billion worth of non-oil goods in 12 months.

   
   

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