Iran's Non-Oil Trade With OIC States Hits $25 Billion

Iran traded 46.16 million tons of non-oil commodities worth $25.03 billion with the member states of the Organization of Islamic Cooperation during the first eight months of the current fiscal year (March 21-Nov. 21).

This registers a 5.3% and 8.4% growth in tonnage and value respectively compared with last year’s corresponding period, the latest data released by the Islamic Republic of Iran Customs Administration show.

Iran’s exports to OIC member countries totaled 41.62 million tons worth $18.46 billion during the period, indicating a 12.86% and 31.5% increase in tonnage and value respectively year-on-year. Imports stood at 3.32 million tons worth $6.09 billion, down in tonnage and value by 30.14% and 29.56% respectively YOY.