Iran tops trade surplus in 9 months
Iran tops trade surplus in 9 months

TEHRAN (Iran News) – Iran exported $31.9 billion worth of goods during the nine months of the current Iranian year (March 21-Dec. 21), said the chairman of Trade Promotion Organization of Iran, which compared with imported goods we see a surplus. Hamid Zadboum said on Monday that $31.8 billion of goods were also imported into […]

TEHRAN (Iran News) – Iran exported $31.9 billion worth of goods during the nine months of the current Iranian year (March 21-Dec. 21), said the chairman of Trade Promotion Organization of Iran, which compared with imported goods we see a surplus.

Hamid Zadboum said on Monday that $31.8 billion of goods were also imported into the country during the same period.

“Iran registered a trade surplus of $100 million during the nine-month span,” he added.

Referring to the big capacities of the country’s neighbors for increasing exports, Zadboum said, “According to TPO studies, Iran’s 15 neighboring countries imported about $1.16 trillion of non-oil commodities in 2018.”

He underlined the free trade agreement with the Eurasian Economic Union, saying, “Three of the mentioned 15 neighbors, namely Russia, Armenia, and Kazakhstan, are part of Eurasia and next year, when the free trade negotiations begin, we can make up to 85 percent of our trade with these countries under the free trade deal.”

China, Iraq, Turkey, United Arab Emirates (UAE), and Afghanistan are among the top export destinations of Iranian products, while China, UAE, Turkey, India, and Germany are mostly the five major exporters of goods to Iran.

Iran plans to launch 15 mega export projects to identify more target markets, according to TPO’s former head.

  • source : MNA, Irannews