Iran records a growth on imports value

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    Iran imported 23.57 million tons of goods worth $32.419 billion during the first eight months of the current fiscal year (started March 20, 2017).

    The figure indicates a 17.52 percent increase in terms of value compared to the same period of the preceding year, the Iranian Customs Administration said.

    Average price for each ton of Iran’s imported goods in the mentioned period was around $1,361, indicating a rise by 6.80 percent, year-on-year.

    Increased volume of capital goods, imported cars and car parts as well as some staple goods has led to an increase of Iran’s imports during the current fiscal year.

    Rice, worth $1.06 billion, topped the list of Iran’s imported goods during the 8-month period.

    Corn fodder ($980 million), car parts ($972 million), soybean meal ($669 million) and cars with 1,500-2,000 cc engines ($643 million) were the other goods mainly imported to the Islamic Republic in the first eight months of the current fiscal year (March 20-Nov. 22).

    China was the main exporter of goods to Iran in the mentioned period. Iran imported $7.951 billion worth of goods from China in the 8-month period.

    After China, the UAE ($5.749 billion), Turkey ($2.221 billion), South Korea ($1.844 billion) and Germany ($1.792 billion) were other four biggest exporters of goods to Iran.

    Iran’s non-oil trade turnover increased by 8 percent to $60.907 billion during the 8-month period, while the country experienced a negative trade balance of $3.9 billion.

     

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