{"id":11441,"date":"2024-07-29T04:28:25","date_gmt":"2024-07-29T04:28:25","guid":{"rendered":"https:\/\/roydadnaft.ir\/English\/?p=11441"},"modified":"2024-07-29T04:28:25","modified_gmt":"2024-07-29T04:28:25","slug":"irans-exports-up-by-8-3-y-y-in-4-months-to-late-july","status":"publish","type":"post","link":"https:\/\/roydadnaft.ir\/English\/11441\/","title":{"rendered":"Iran\u2019s exports up by 8.3% y\/y in 4 months to late July"},"content":{"rendered":"

RoydadNaft – <\/a><\/span>\u00a0Iran\u2019s non-oil exports rose by $1.35 billion in the four months to July 21 compared to the same period last year, according to the latest figures released by Iran\u2019s House of Industry, Mine and Trade.<\/p>\n

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The figures published on Sunday showed that Iran had exported a total of $17.5 billion worth of goods, commodities and manufactured products from late March to late July, up 8.3% from the same period in 2023.<\/p>\n

Exports from Iran saw a major increase in the calendar month to late June 20 when shipments were worth $5.496 billion, up 14% compared to the same month last year, showed the data, which cited official figures from Iran\u2019s customs office (IRICA).<\/p>\n

The figures showed that Iranian exports had risen 11.5% year on year in the month to late July to reach some $4 billion.<\/p>\n

Iran has seen a steady rise in its non-oil exports in recent years thanks to increased government support for domestic manufacturing and agriculture sectors, a policy which has been aimed at diversifying away from oil revenues and making the economy more resilient against foreign sanctions.<\/p>\n

China and Iraq have been the largest buyer of Iranian goods and products in recent years with petrochemicals generating the bulk of revenues derived from non-oil exports.<\/p>\n

Quarterly trade figures released by IRICA earlier this month showed that Iran\u2019s non-oil exports had increased by 7.6% in the quarter to late June compared to the same period last year.<\/p>\n

Iran\u2019s total trade in the June quarter, including its oil exports of more than $12 billion, reached nearly $40 billion, according to IRICA figures which indicated that the country had a trade deficit of $0.8 billion over the same period without considering the oil exports.<\/p>\n<\/div>\n

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