Iran’s Bushehr province exports non-oil commodities valued at USD5B in 5 months


(MENAFN) During the first five months of the current Iranian calendar year, which spans from March 20 to August 21, Bushehr province in southwestern Iran exported non-oil commodities valued at approximately USD5 billion. According to Ali Soleymani, a customs department official in the province, the total weight of these non-oil exports reached 13.215 million tons during this period. This represents a 3 percent increase compared to the same period last year, highlighting a positive trend in the province's export activity.

The broader national picture also shows significant growth in non-oil exports. Mohammad Rezvanifar, the head of the Islamic Republic of Iran Customs Administration (IRICA), reported a 10 percent increase in the value of Iran's non-oil exports during the first five months of this year compared to the same timeframe in the previous year. The country exported a total of 60.5 million tons of non-oil products valued at USD21.9 billion, marking a 7 percent increase in weight year on year.

Petrochemical products were identified as the primary non-oil export item for Iran, reflecting their central role in the country’s export portfolio. The top destinations for these non-oil exports included major trading partners such as China, Iraq, the United Arab Emirates (UAE), Turkey, Afghanistan, Pakistan, and India. These countries collectively represent key markets for Iranian non-oil goods, contributing to the overall growth in export volumes.

The reported increases in both value and weight of non-oil exports underscore a positive development in Iran's trade dynamics. The growth in exports from Bushehr province, alongside the national surge in non-oil export value and volume, suggests a strengthening of Iran's position in global markets and a continued emphasis on expanding its non-oil trade sector.

MENAFN15092024000045015839ID1108674936


MENAFN

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.