Non-Oil Exports from Iran’s Largest Container Port Up by Almost 4%

Latest official reports show that non-oil exports from Shahid Rajayee Port, Iran’s largest container port, has witnessed a rise by almost 4% between March 2019 and February 2020, in a comparison with the corresponding period in the last year.

According to manager of Shahid Rajayee special economic zone Allahmorad Afifipour, during an eleven-month period since March 2019, more than 70,961,000 tons of oil-based and non-oil products were transferred via the port, showing a 3.7% growth compared to the previous year.

He put the volume of non-oil trade cargo at 46,793,383 tons, and the volume of petroleum products at 24,167,808 tons, showing a 5.5% increase.

The volume of non-oil exports from Shahid Rajayee Port hit 31,184,262 tons during this period, he added.

He also put the volume of non-oil transshipment from Shahid Rajayee Port to other ports in the region at 3,354,607, registering a 21% increase.

He added that the exports of oil-based products have registered a 26% increase.

Late in December, Iranian Deputy Industry, Mine and Trade Minister Hossein Modarres Khiabani said that the country’s trade balance stands at $65bln in the past 9 months despite the US sanctions.

Over $32.5 billion worth of goods were exported from Iran over the past nine months, as the country’s trade balance stands at $65 billion, taking into account the total imports, Modarres Khiabani said on Wednesday.

His comments came as Iran is speeding up efforts to diversify its economy away from oil as normal crude sales have fallen significantly as a result of the American sanctions.

About Sheida Bahramirad

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