Iran's Non-Oil Trade With N-11 States Tops $12 Billion


Iran traded 21.45 million tons of non-oil commodities worth $12.83 billion with the "Next Eleven" group of countries (also known as N-11) in the last fiscal year (ended March 20, 2019) to register a 39.79% and 31.51% decline in tonnage and value respectively compared to the year before.

Latest data released by the Islamic Republic of Iran Customs Administration show Iran’s exports totaled 18.69 million tons worth $7.49 billion during the year, indicating a 40.01% and 30.2% fall in tonnage and value respectively year-on-year.

Imports stood at 2.75 million tons worth $5.34 billion, down 38.25% and 33.27% in tonnage and value respectively YOY.