Iran foreign trade exceeds $75 bn: official

Iran has exchanged $75.5 billion worth of goods with various countries over the eight calendar months to November 21, according to the head of the Islamic Republic of Iran Customs Administration (IRICA).

News ID: ۸۱۰۴۹۴

27 November 2023

Mohammad Rezvanifar said on Sunday that Iran has imported some 25 million metric tons (mt) worth some $42 billion of goods in the eight-month period, exporting some 90 million mt valued at $32 billion.

He noted that the exports of oil, electricity, and techno-engineering services have been excluded from Iran’s foreign trade figures.

The official added that if the exports of oil, electricity, and techno-engineering services were taken into account, Iran’s trade balance would be positive by at least $10 billion in the timespan. / MEHR