Iran's Non-Oil Trade With India Declines

EghtesadOnline: Iran traded 3.75 million tons of non-oil commodities worth $1.72 billion with India during the first four months of the current fiscal year (March 21-July 22), registering a 9.32% and 4.84% decrease in tonnage and value respectively compared with last year’s corresponding period.

News ID: ۷۸۳۶۳۱

11 August 2018

The above data were released by the Islamic Republic of Iran Customs Administration. Iran’s exports to India stood at 3.08 million tons worth $808.49 million, down 8.41% and 11.85% in tonnage and value respectively year-on-year.  India was Iran’s sixth biggest export destination during the period. Iran mainly exported urea, methanol and liquefied propane to India during the four-month period. Meanwhile, India exported 672,097 tons of goods worth $912.21 million to Iran, down 13.28% in tonnage and 2.37% in value YOY. India was the fourth major exporter of goods to Iran over the four months. The imports mainly included semi-milled rice, coal electrode and tea, Financial Tribune reported.