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Iran’s 10-month exports figure reaches historic high of $45.3bn

US Rep. Ilhan Omar (D-MN) (L) talks with Speaker of the House Nancy Pelosi (D-CA) during a rally with fellow Democrats before voting on H.R. 1, or the People Act, on the East Steps of the US Capitol on March 08, 2019 in Washington, DC. (AFP photo)
Iran’s customs director says non-oil exports from the country reached a historic high in March-January.

Iran’s customs office (IRICA) director says non-oil exports from the country rose to an all-time record of some $45.3 billion in the 10 months to January 20.

Mohammad Rezvani said on Wednesday that exports from Iran in March-January had increased by 2.93% compared to the same previous period.

Rezvani said the $45.3 billion figure does not include Iran’s exports of crude oil as well as shipments of mazut, kerosene, technical and engineering exports, suitcase transfer of goods to other countries and exports of electricity.

He said average value per metric ton (mt) of exports from Iran had increased by $55 or 14.31% to $440 per mt year on year in March-January.

Liquefied petroleum gas (LPG) was responsible for a large chunk of Iranian exports in the 10 months to late January, Rezvani told IRICA’s website, adding that LPG exports from Iran had amounted to $6.8 billion or some 15.4% of total exports from the country over the period.

China was the largest customer of Iranian export shipments in the March-January period with some $12.6 billion worth of purchases, followed by Iraq at $8.9 billion and Turkey at $6.6 billion, he said.

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