$4.4 Billion in Iran's Non-Oil Trade Surplus With ECO Member States

Iran recorded a non-oil trade surplus of $4.4 billion with members of the Economic Cooperation Organization, namely Turkey, Afghanistan, Pakistan, Azerbaijan, Turkmenistan, Kazakhstan, Uzbekistan, Tajikistan and Kyrgyzstan, during the first 11 months of the current fiscal year (March 21, 2018-Feb. 19).

Latest data released by the Islamic Republic of Iran Customs Administration show Iran traded 18.4 million tons of non-oil commodities worth $9.83 billion with ECO member states during the period to register a 0.99% and 5.01% decline in tonnage and value respectively compared with last year’s corresponding period.

Iran’s exports totaled 16.62 million tons worth $7.11 billion during the period, indicating a 2.55% and 3.59% increase in tonnage and value respectively year-on-year.