Iran’s exports up 19% y/y in March-Dec. to over $43bn: IRICA
Latest figures by the Iranian customs office (IRICA) show that non-oil exports from the country rose significantly in the 10 months to December compared with the same period last year.
IRICA figures published on Tuesday showed that Iran had exported a total of $43.088 billion worth of goods in the period between the start of the calendar year on March 21 last year and the onset of 2023.
The figure is an increase of 19% compared to the same previous period, said IRICA in a statement.
The statement added that the volume of Iranian exports reached a total of $97.843 million metric tons between late March and the end of December last year, up just 2% from the same period in 2021.
China accounted for 27.5% or $11.855 billion worth of purchases of all Iranian exports over the 10 months to December, followed by Iraq at $8.631 billion and Turkey at $6.419 billion, said IRICA, adding that the United Arab Emirates and India were the fourth and fifth largest importers from Iran over the same period with $4.6 and $1.474 billion in purchases, respectively.
Total Iranian trade rose by 17% year on year to $87.425 billion in March-December, showed the customs data.
Major suppliers of goods to Iran over the 10 months to the end of 2022 were the UAE, the main re-exporting country in the Persian Gulf, with $13.649 billion worth of exports, followed by China at $11.521 and Turkey at $4.635 billion, said IRICA, adding that imports from India and Germany had topped $2.249 billion and $1.399 billion over the same period, respectively.
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