2 April 2024 - 21:28
  • News ID: 639425
Iran’s annual oil exports hit nearly $36b: IRICA chief

SHANA (Tehran) – Oil exports in the previous Iranian calendar year, which ended on March 19, fetched the country $35.87 billion, said the Islamic Republic of Iran Customs Administration (IRICA) head on Tuesday.

Mohammad Rezavanifar said Iran’s foreign trade in the yearlong period hit $153.17 billion – exports including oil, electricity, technical and engineering services, and carry-on luggage trade valued at $86.89 billion and imports worth $66.28 billion – showing a 2.6 percent increase from its preceding year.

According to the official, liquefied natural gas (LNG), liquid propane, and bitumen were the main products exported, bringing in $3.9 billion, $3.62 billion, and $2.19 billion respectively.

Rezavanifar, who is also the deputy economy minister, referred to China as the major exporter of Iranian products with $13.915 billion worth of goods, followed by Iraq with $9.215 billion, the United Arab Emirates (UAE) with over $6.611 billion, Turkey with $4.16 billion, and India with $2.173 billion.

News ID 639425


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