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Iran’s trade balance rises $6.3 bln

8 April 2013 12:58 (UTC+04:00)
Iran’s trade balance rises $6.3 bln

Iran's balance of trade in the past Iranian calendar year, which ended on March 20, improved by $6.3 billion compared to the year which ended in March 2012, Fars news agency quoted Iranian Customs Administration Director Abbas Memarnejad as saying.

Exports amounted to $41.5 billion, while imports stood at $53.3 billion in the past year.

In January, head of Trade Promotion Organization of Iran Hamid Safdel said that the country's non-oil exports in the current Iranian calendar year, which started on March 21, is predicted to hit $59.5 billion.

Exports of mineral, agricultural, industrial, and petrochemical products are seen to add up to $41 billion, Mehr news agency quoted Safdel as saying. The value of technical and engineering exports is estimated to be around $5.5 billion, he added.

Exports of other goods, including gas condensates, are envisaged to reach $13 billion, he noted.

Iran is currently in trade with 151 countries, he noted.

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