Iran's Non-Oil Trade With Malaysia Crosses $640 Million

EghtesadOnline: Iran traded 968,360 tons of non-oil commodities worth $642 million with Malaysia in the last Iranian year (ended March 20, 2019) to register a 9.56% and 7.72% decrease in tonnage and value respectively compared with the year before, latest data released by the Islamic Republic of Iran Customs Administration show.

News ID: ۷۸۴۶۲۴

28 April 2019

Iran’s exports to Malaysia stood at 604,308 tons worth $246.93 million, down 4.91% in tonnage and up 19.72% in value year-on-year.

Malaysia was Iran’s 19th export destination during the year.

Iran mainly exported gas condensates, non-alloy iron/steel ingots, chemicals and bitumen to Malaysia during the period, according to Financial Tribune.

It exported 364,052 tons of goods worth $395.51 million to Iran, down 16.34% and 19.27% in tonnage and value respectively YOY.

Malaysia was the 19th exporter of goods to Iran over the year.

Imports mainly included palm oil, natural rubber and machinery.