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Iran’s Deputy Minister of Industry, Mine and Trade Hamid Zadboum said the country is considering to increase export of non-oil products by 15% in the second half of the current Iranian calendar year (September 22, 2020 -March 20, 2021).
“Although spread of the coronavirus disease has decreased global trade almost 15%, it is predicted that Iran’s export of non-oil goods will set a 15% growth in the second half of the current year by overhauling and renovating export processes,” Zadboum said on Friday.
He added that exports growth in the second half of the year will compensate a part of the 34% decline in export of non-oil commodities in the first half of the current year (from March 20 to Sept. 21).
The official also pointed to the exports to the neighboring states, adding, “We have focused on exporting products to 15 neighboring states and also China and India in the current year.”
“These 17 countries accounted for 89% of Iran’s total export share in the first six months of the current year,” he noted.
In relevant remarks in early October, Zadboum had announced that Iran had exported $13.5bln worth of products to foreign states in the first half of the current Iranian year (started on March 21).
