Price of Iran’s exported goods up
The price of Iran's exported goods averagely increased by 167.9
percent in the 12-month period which ended June 21, Fars news
agency reported.
The export price index in the Iranian month of Khordad (which ended
June 21) stood at 695.2, which increased by 2.4 percent compared to
its preceding year.
Five countries imported 80 percent of Iran's total non-oil exports
(in terms of weight) and 70 percent (in terms of value) in the
first three months of the current year, which started on March
21.
China (with $1.712 billion), Iraq (with $1.429 billion), the United
Arab Emirates (with $884 million), Afghanistan (with $675 million),
and India (with $621 million) are the five mentioned importers of
Iranian goods, according to ISNA.
Iraq, China, the United Arab Emirates, Afghanistan, India, Turkey,
South Korea, Turkmenistan, Pakistan, and Azerbaijan were the main
destinations for the Iranian goods.
Iran had non-oil trade with 196 countries in the previous year.
According to ISNA's March 6 report, the country's balance of trade
with 97 countries such the United Arab Emirates, South Korea,
Switzerland, turkey, and China was negative in the mentioned
period.
Tehran's balance was also positive with 99 countries, including
Iraq, Afghanistan, India, Turkmenistan, and Pakistan.
The balance of trade, or net exports, is the difference between the
monetary value of exports and imports of output in an economy over
a certain period. It is the relationship between a nation's imports
and exports.