Iran’s Non-Oil Exports Hit $32bln in 9 Months
TEHRAN (Tasnim) – Iran exported more than $32 billion worth of non-oil goods during the first nine months of the current Iranian year, which started on March 21, 2015, official customs data showed.
The Islamic Republic of Iran Customs Administration announced that the value of the country’s non-oil exports during the 9-month period stood at $32.031 billion, Shana reported on Wednesday.
According to the report, Iran’s balance of trade reached $1.864 billion, meaning that the value of the country’s exports was $1.8bln more than the value of its imports.
During the nine months, the Islamic Republic imported $30.167bln worth of goods, which indicates a 22.34% decline compared to the same period last year.
Iran has stepped up efforts in recent years to enhance its non-oil exports and reduce dependency on its oil revenues.
Last year, the country’s exports of commodities and natural-gas condensate reached $50 billion, showing a 19 percent increase.
There was also a boom in Iran’s service exports in diverse sectors, including tourism, engineering, and transit.
