Non-oil trade with neighbors reaches nearly $50b in 10 months

The value of Iran’s non-oil trade with its neighbors reached $49.83 billion during the first 10 months of the current Iranian calendar year (March 21, 2023-January 19, 2024), the spokesman of the International Relations and Trade Development Committee of Iran’s House of Industry, Mining and Trade said.
Ruhollah Latifi put the weight of non-oil trade with the neighboring countries at 79.98 million tons in the said period and stated that trade with the neighbors increased by 1.8 percent in comparison to the same period last year.
During the mentioned 10 months, Iran exported 60.368 million tons of goods worth $23.15 billion to its neighbors, while importing 19.61 million tons of commodities valued at $26.68 billion.
He named Iraq, the United Arab Emirates (UAE), Turkey, Pakistan, and Afghanistan as the top importers of Iranian goods among the neighboring countries, and the UAE, Turkey, Russia, Oman, and Pakistan as the main sources of imports in the said 10 months.
As previously announced by the head of the Islamic Republic of Iran Customs Administration (IRICA), Iran exported 113 million tons of non-oil goods valued at $40.5 billion during the first 10 months of the current Iranian calendar year.
Mohammad Rezvani-Far said that the 10-month non-oil export indicates a nine percent growth in weight, but an 11 percent fall in value, year on year.
Rezvani-Far further announced that Iran imported 32.7 million tons of goods worth $54.8 billion in the first 10 months of the present year, which indicates an 11.6 percent rise in value and six percent growth in weight.
According to the official, China, Iraq, UAE, Turkey, and India were the major export destinations of Iranian goods in the said period, and the UAE, China, Turkey, Germany, and India were the main sources of import.
Gold, car parts and accessories, and smartphones were the main imported items during this period, he said.
In the first 10 months of this year, 14.2 million tons of goods were also transited through Iran, which was 29 percent more compared