Iran's Mineral Exports to Afghanistan Cross $670m

EghtesadOnline: Iran exported over 5.37 million tons of mineral products worth $672.9 million to Afghanistan during the first nine months of the current fiscal year (March 21-Dec. 21), the Islamic Republic of Iran Customs Administration announced.

News ID: ۷۸۱۶۴۰

04 February 2018

Semi-finished steel products had the lion’s share of exports, as they made up 533,358 tons worth $230.1 million of the total figure.

They were followed by ceramic and tile products with 875, 904 tons worth $142.45 million, cement with 3.31 million tons worth $116.5 million, finished steel products with 38,572 tons worth $65.82 million, copper with 3,681 tons worth $31.76 million, aluminum with 5,154 tons worth $19.11 million, zinc with 6,447 tons worth $17.12 million and iron ore with 141,000 tons worth 6.44 million tons.

Other commodities included stones with 37,983 tons worth $6.17 million, coal with 15,025 tons worth $5.81 million, lead with 163.3 tons worth $333,162, precious minerals (gold, silver, etc.) with 32.1 tons worth $310,494, mica with 111 tons worth $143,632, ferroalloys with 289.8 tons worth $133,450, titanium with 16.6 tons worth $29,106 and miscellaneous mineral products with 399,653 tons worth $30.55 million, Financial Tribune reported.

Iran’s overall mineral exports during the nine months under review stood at 48.66 million tons worth over $6.85 billion, the Iranian Mines and Mining Industries Development and Renovation Organization said.

Afghanistan is a major destination for Iranian exports.

According to Afghan commercial attache to Iran, Jaber Ansar, Iran holds a 22% share ($2.5 billion) from Afghanistan’s $11.5 billion consumer market.

Afghanistan’s exports to Iran have been as little as a dozen million dollars on average over the past decade.