Iran's Non-Oil Trade With Singapore Increases by 36%

EghtesadOnline: Iran traded $992.34 million worth of non-oil goods with Singapore during the last Iranian year (ended March 20, 2018) which is 36.59% more compared to the year before, making the Southeast Asian country Iran’s 19th biggest trading partner.

News ID: ۷۸۲۵۵۴

13 May 2018

As per the Islamic Republic of Iran Customs Administration’s data, Iran exported 89,372 tons of commodities worth $42.68 million to Singapore last year, posting a 91.10% and 86.19% decline in tonnage and value respectively year-on-year. The exports mainly included low-density oils, hydrocarbon fuel and pistachio. Singapore exported 2.21 million tons of goods worth $949.66 million to Iran during the period, up 217.86% and 127.54% in tonnage and value respectively YOY. Iran mainly imported field corn, sunflower seed oil and soybean from Singapore last year, according to Financial Tribune.