Iran non-oil exports rise by 65% in 4 months on year

Hamid Zadboum pointed to President Seyed Ebrahim Raisi’s remarks in the government’s economic coordination headquarters meeting and said it is sign of opening a new chapter on course to promoting non-oil exports.

He added that coordination between the executive bodies and the decision-making body will have great effect on removal of hurdles in way of promoting exports.

He went on to say that one of the ways for the national economic development is to pay attention to developing non-oil exports, adding that the 13th government’s focus on stability in the foreign trade sector indicates the double significance of this sector for the president which brings relief for exporters.

Touching upon Iran’s foreign trade, he said Iran due to its production and export capacities can play a considerable role in the international trade through interaction with the world economy and especially with its neighboring friendly countries and its major trade partners.

On the destinations for Iran’s exports in the first four months of the current year, Zadboum said China is the major export destination for Iran’s goods with $4.4b, Iraq with $2.8b, the UAE with $1.6b, Turkey with $921m and Afghanistan with $728m.

He noted that the UAE has been the major exporting country to Iran in the same period by exporting goods worth $4.7b while China, Turkey, Germany and Switzerland trail the UAE are the other major exporting countries to Iran.

He went on to say that Iran’s exports in the first four months have increased by 65 percent comparing to the same period last year and it is expected by the yearend Iran’s non-oil exports to surpass the record set in two years ago.

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