Iran’s Foreign Trade on Upward Trajectory during President Raisi’s Term: IRICA

Iran’s foreign trade registered a considerable jump during the late President Ebrahim Raisi’s administration (32 months in service) and reached more than $301 billion, the Islamic Republic of Iran Customs Administration (IRICA) said.

News ID: 843768

EghtesadOnline: About 347 million tons of goods, valued at over $137.8 billion, were exported from the country between August 2021 and April 22, 2024, showing a 17.19 and 1.5 percent hike in terms of value and weight respectively compared to the same period in the previous administration, it said.

The report added that $48 billion of products were exported from the country in 2021, showing a 40 percent hike compared to a year earlier.

More than $53 billion of products were imported into the country in 2021, showing a 36 percent hike compared to a year before, it noted.

IRICA put the export of non-oil goods in 2022 at $53 billion, showing about 10 percent increase compared to a year earlier.

The country imported $59 billion of products in 2022, registering a 13 percent hike compared to a year before.

Iran exported about $87 billion worth of products including oil, electricity, technical and engineering services last year (ended March 19, 2024), showing a 58% hike compared to a year earlier, the report said.

A helicopter carrying President Raisi and his entourage crashed in northwestern mountainous forests on May 19.

The crash killed President Raisi, Foreign Minister Hossein Amirabdollahian, Friday prayers leader of Tabriz Ayatollah Mohammad Ali Al-e-Hashem, Governor of East Azarbaijan Malek Rahmati, the commander of the president’s security team, two pilots and a flight crew. / Tasnim