10% Monthly Decline in Iran’s Non-Oil Foreign Trade

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Financial Tribune– Iran’s non-oil trade with other countries during the one-month period ending Aug. 22, which marks the end of the fifth Iranian month (Aug. 22), stood at $6.6 billion, indicating a decline of 10.7% compared with the same month of last year.

Non-oil exports amounted to $3.2 billion for the month, indicating a rise of 3.2% month-on-month, but a decline of 16% year-on-year.

Imports stood at $3.4 billion to register a decrease of 15% month MOM and 8.1% YOY, IRIB News reported citing data released by Economic Research Department of Tehran Chamber of Commerce, Industries, Mines and Agriculture.