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Iran's Foreign Trade Increases by 25% YOY to Over $8 Billion
Iran traded 11.32 million tons of goods worth $8.11 billion (excluding crude oil exports) during the fifth month of the current Iranian year (July 23-Aug. 22) to register a 10.6% and 25.4% rise in tonnage and value respectively compared with the similar month of last year, according to the spokesperson of the Islamic Republic of Iran Customs Administration.
Exports stood at 8.42 million tons worth $3.65 billion, registering an 11% and 18% year-on-year rise in weight and value respectively, Rouhollah Latifi was also quoted as saying by IRNA.
China was the biggest export destination of Iranian exports during the period, as it imported 2.26 million tons worth $1.1 billion to register a 1% YOY increase in value.
financialtribune.com/node/115070
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