05 / May / 2018 11:00

Iran's Trade With Taiwan Tops $1 Billion

EghtesadOnline: Iran traded $1.10 billion worth of non-oil goods with Taiwan in the last Iranian year (ended March 20, 2018)–8.64% more compared to the year before, making the East Asian country Iran’s 15th biggest trading partner.

News ID: 782490

As per the Islamic Republic of Iran Customs Administration’s data, Iran exported 1.26 million tons of commodities worth $573.09 million to Taiwan last year, posting a 0.46% and 3.81% increase in tonnage and value respectively year-on-year. Iranian exports mainly included liquefied propane, metal, steel, low-density oils and aluminum ingot. Taiwan exported 217,633 tons of goods worth $534.38 million to Iran during the period, up 8.77% and 14.35% in tonnage and value respectively YOY. Iran mainly imported machinery related to paper industry from Taiwan during the period, Financial Tribune reported.

 

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