Iran's trade balance positive for 2nd consecutive year

Tehran- Based on the latest data released by Iran's Customs Administration, the country's trade balance was reported positive for the second consecutive year.

The country's value of exports during the Iranian calendar year of 1395 (ended on March 20) was reported to be $43.93 billion while the figure for imports stood at $43.684; the value of exports was $246 million higher than that of imports, IRNA reported on Wednesday.

The country's trade balance for the Iranian calendar year of 1394 (March 2015-March 2016) was also $924 million positive.

According to the Customs Administration, the value of the country's non-oil exports stood at $43.93 billion during the year of 1395, registering a 3.54 percent rise compared to that of 1394.

Iran also imported $43.684 billion worth of non-oil goods during 1395; 5.16 percent more than that of 1394.

The country imported 33.399 million tons of goods during 1395 and exported 129.648 million tons.

Gas condensate, liquefied natural gas (LNG) followed by low-density oils, associated petroleum gas (APG) and hydrocarbon gas liquids and finally liquefied propane were among top exported commodities from Iran.

EF/MA

source: Tehran Times