Iran's Trade Volume With Singapore Up 7.8%

EghtesadOnline: Iran traded 2.48 million tons of non-oil commodities worth $948.72 million with Singapore during the last Iranian year (ended March 20, 2019), registering a 7.84% growth in tonnage and 4.5% decrease in value compared with the year before, latest data released by the Islamic Republic of Iran Customs Administration show.

News ID: ۷۸۴۶۲۸

29 April 2019

Iran’s exports to Singapore stood at 48,558 tons worth $37.61 million, down 45.45% and 11.64% in tonnage and value respectively year-on-year.

Singapore was Iran’s 43rd export destination during the year.

Iran mainly exported mineral oils, chemicals, pistachios and floorings to Singapore during the 12-month period, according to Financial Tribune.

Singapore exported 2.43 million tons of goods worth $911.1 million to Iran, up 9.98% in tonnage and down 4.18% in value YOY. Singapore was the 13th exporter of goods to Iran over the year.

The imports mainly included field corn, palm oil, soybean and semi- and wholly-milled rice.