Iran`s 11-Month Exports Hit $38.5b

Iran exported 125.2 million tons of goods worth $38.5 billion during the 11 months ending to February 20. announced Mehdi Mir-Ashrafi. the head of Islamic Republic of Iran Customs Administration (IRICA) announced on Monday.

The figures indicate a growth of 17.6 percent in terms of weight and a 4.4 percent growth in terms of value. he said. reported Mehr News Agency.

A sum of 32.4 million tons of commodities worth $39.9 billion were imported to the country during the period. showing a growth of 10.8 percent in terms of weight and 2.3 percent increase in terms of value. he added.

Some $14.4 billion of basic goods were imported in this time span. Mir-Ashrafi said.

According to the official. China. Iraq. Turkey. the United Arab Emirates. and Afghanistan were respectively the main importers of Iranian products in the period. while China. the UAE. Turkey. India. and Germany were the main targets for Iranian goods.

In recent months. IRICA has been taking various measures to facilitate the customs process both for exports and imports of the commodities to reduce the effects of US sanctions.

One major action was facilitating conditions for the importers of the basic commodities. for example providing necessary foreign currency through NIMA (Iran’s Forex Management Integrated System).



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