230% Rise in Non-Oil Exports to S. Korea

The East Asian country became Iran’s fifth biggest export destination last year, up from eighth in the preceding year. Imports from South Korea into Iran hovered around $3.46 billion last year, indicating a 5.9% decrease compared to the year before, according to Financial Tribune. The Asian country has been Iran’s third biggest source of import over the past two years, a report by Tehran Chamber of Commerce, Industries, Mines and Agriculture said.