Iran non-oil exports worth $12 billion

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Photo – Reuters

Iran exported some $12 billion worth of non-oil commodities from 20 March to 21 July, the first four months of Persian calendar, deputy head of Trade Promotion Organisation of Iran Kiumars Fathollah Kermanshahi said on Saturday.

The figure shows an increase of 24.6% compared to the figures from last year, Mehr News Agency reported.

The Iranian official put the total weight of non-oil commodities exported by the country during the period at 24.2 million tons with some 20% of the non-oil goods exported to Iraq, 16% to China, 12% to the UAE, 9.5% to Afghanistan and 7.2% to India.

Official figures suggest some 66% of Iran’s exports where shipped to five countries of the world.

Kermanshahi disclosed that the volume of Iran’s gas condensates and petrochemical exports reduced by 13-14% during the period compared to the figure for the same period of preceding year. He added that providing insurance coverage for the vessels carrying the commodities and using new ships will help solve the problem in the coming months.

Referring to the emphasis made by First Vice President Mohammad Reza Rahimi on the cooperation of all organisations for realising the targets set for Iran’s export, he said that international sanctions imposed on the country provided an opportunity for development of non-oil exports.

The official said that putting any tariffs and non-tariff barriers in the way of exports is not acceptable under the current circumstances.

Last October, President Mahmoud Ahmadinejad announced plans to boost non-oil exports to $60 billion by March 2013. The Iranian leader further pointed to an improvement in economic conditions despite the sanctions imposed on Tehran over its civilian nuclear programme and the current global economic crisis.

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