Iran’s Non-Oil Exports Exceed $65 Billion

Chairman of Iran’s Trade Promotion Organization (TPO) said on Tuesday that Iran’s foreign trade surpassed 65 billion dollars in the past 11 months, with non-oil exports rising despite US sanctions.
In a meeting with exporters in Qazvin province, Hamid Zadboum said that Iran’s foreign trade stood at 41.3 billion dollars last Iranian year (March 2019-March 2020), predicting that it would reach 70 billion dollars in the current year once figures are concluded.
He said that the country needs to increase non-oil exports to avert adverse impacts of the US sanctions due to the non-stop endeavor by exporters.
Zadbout hoped that Iran would see a surge in non-oil exports next year.

About Parvin Faghfouri Azar

Check Also

Lower Natural Gas Prices Squeeze Big Oil’s Profits in Q1 2024

Much lower natural gas prices this year compared to 2023 dragged down profits at some …

Leave a Reply

Your email address will not be published. Required fields are marked *