Iran's Non-Oil Trade Surplus With APEC Tops $420m

Iran traded 4.39 million tons of non-oil commodities worth $1.81 billion with member economies of Asia-Pacific Economic Cooperation during the first Iranian month (March 21-April 20) to register a 29.41% growth in tonnage and a 24.24% decline in value compared with last year’s same month.

Latest data released by the Islamic Republic of Iran Customs Administration show Iran’s exports totaled 3.82 million tons worth $1.12 billion during the month ending April 20, indicating a 38.78% rise in tonnage and an 11.28% decrease in value year-on-year.

Imports stood at 574,089 tons worth $698.89 million, down 10.76% and 38.62% in tonnage and value respectively YOY.

As a result, Iran recorded $421.75 million in non-oil trade surplus with APEC member economies.