Shipment term

Iranian shipments of non-oil goods to neighboring countries are increasing…

(MENAFN) Iran’s non-oil shipments to its 15 neighboring countries amounted to $10.723 billion in the first five months of the current Iranian calendar year (March 21 to August 22) to register an increase of 27% compared to the previous year, said the representative of the Customs Administration of the Islamic Republic of Iran (IRICA).

Ruhollah Latifi placed the pressure of goods shipped at 25.398 million tons, saying that non-oil trade with regional nations witnessed a noticeable expansion in terms of value and mass throughout the stated period, as reported IRNA.

Overall, the Islamic Republic traded nearly 33.333 million tons of non-oil commodities worth $20.636 billion with its neighbors during the stated period.

Trade with neighboring countries amounted to 57% and 48% of the mass and value of Iran’s total non-oil trade during the stated period, individually.

As the official mentioned, Iran traded 58.140 million tons of non-oil commodities worth $42.589 billion during the stated 5-month period.

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