Iran's Non-Oil Exports Soar by 13%

Iran’s non-oil exports have shown a 13% rise in the past 8 months since the start of the new Iranian year (March 21) compared to the same period last year.

Deputy Head of Trade Promotion Organizations of Iran for Development of Export Market Hamid Zadboum made the remarks in Hamedan city in Western Iran on Wednesday

"Many exporters have focused on the 13 neighboring countries since the beginning of the Iranian year," he added.

Zadboum said that the Minister of Industries, Mining, and Trade has prepared a plan for that as well, adding that the best way to escape the oppressive sanction of the US is to increase non-oil export.

Touching on exports to Iraq, he said, "The export of Iran to Iraq was $6.4bn in the first eight months of last year, which has increased to $6.7bn this year."

Zadboum also said that other than the neighboring countries, the main export markets of Iran are China, India, Indonesia, Vietnam and Thailand.

Iran’s non-oil export has been registering rising numbers in the current Iranian year.

In a related front, Director of Bandar Lengeh Ports and Maritime Directorate Ghasem Askarinasab said earlier this month that the volume of non-oil goods exported from the ports of Hormozgan province of Iran has increased by 24% in the past 8 months, adding that the ports have also accomplished more successes in other areas.

Director of Bandar Lengeh Ports and Maritime Directorate Ghasem Askarinasab put the nonoil exports growth in ports of Hormozgan province in the first eight months of the current Iranian year (started on March 21) at 24 percent.

Moreover, safe transportation of maritime passengers and loading-unloading volume of containers in the provincial ports registered considerable 20 and 28 percent hike respectively, he maintained.

Askarinasab expounded a comprehensive report on the eight-month performance of west ports of Hormozgan province in the current year (started March 21, 2018) and stated, “in this period, total 5,834,650 tons of oil and nonoil goods were loaded and unloaded in west ports of this province, 1,278,790 and 4,555,860 tons of which have been allocated to the nonoil and oil products respectively.”

In this regard, total transit volume of nonoil products (mainly vehicle) in west ports of Hormozgan province hit 186,219 tons, showing a considerable 73 percent growth as compared to the same period of last year.

source: FARS News Agency