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Economy
2022-July-4  20:39

Iran Doubles Non-Oil Exports from Bushehr Province

TEHRAN (FNA)- Non-oil exports from Bushehr province have doubled in the first three months of the current Iranian calendar year (March 21-June 21) compared to the same period in the last year, a provincial official said.

"During the first quarter of this year, four billion dollars worth of commodities were exported from Bushehr province," Head of the Industry, Mine, and Trade Department of Bushehr Province Mehdi Safavi said.

Safavi pointed out that Bushehr Province has ranked first in Iran in this regard.

"Non-oil exports from Bushehr are planned to hit $11 billion this year," he added.

In a relevant development last month, Iran’s customs office (IRICA) announced that the country’s non-oil exports have increased 21% in the first quarter of the current Iranian year (started on March 21).

IRICA Chief Alireza Moqaddasi said that Iran had a trade surplus of $605mln in the June quarter.

He added that Iran’s trade had increased by 19.5% in value terms compared to the quarter to June 21, 2021.

IRICA figures showed that Iran’s non-oil exports had reached a total value of $13.069bln over the first quarter of the calendar year, up 21% compared to the same quarter last year.

Imports rose 18% year on year in the June quarter to stand at $12.464bln, showed the figures.

China was the largest importer from Iran over the period with $4.214bln worth of purchases, followed by Iraq at $1.824bln and Turkey at $1.737bln, the customs data showed.

Iranian exports to the UAE and India reached $1.645mln and $424mln, respectively, showed the data.

IRICA figures showed that the UAE was the largest exporter to Iran over the quarter to late June with $3.426bln worth of shipments delivered to the country, followed by China at $3.131bln and Turkey at $1.273bln.

India and Germany’s exports to Iran over the same period reached $512mln and $456mln, respectively, showed the figures.

Iran’s trade with world countries has increased after the US imposed the harshest sanctions against Tehran in 2018.