Iran trade deficit

EghtesadOnline: Non-oil exports from Iran stood at around $47 billion in the last Iranian year (ended March 20) while imports hovered around $54 billion, showing a $7 billion trade deficit for the country, the head of Trade Promotion Organization said.

EghtesadOnline: Iran’s non-oil trade deficit stood at $5.93 billion for the first nine months of the current fiscal year (started March 21, 2017), while last year’s similar period saw a trade surplus of $658 million.

EghtesadOnline: Brazil exported about $2.2 billion worth of commodities to Iran and imported $75 million in return in the last Iranian year that ended on March 20, 2017, the head of Iran-Brazil Joint Chamber of Commerce, Kaveh Zargaran, announced.

EghtesadOnline: Decreased average value per ton of Iran’s exports on the one hand and increased average value per ton of the country’s imports on the other is to blame for the recent negative foreign trade balance, an official with Tehran Chamber of Commerce, Industries, Mines and Agriculture said.