Publishe Date: 8:37 PM - 9/15/2012 | Print

Iran Ups Non-Oil Exports by 24%

Economy - The value of Iran's non-oil exports has witnessed a 24% growth during the first five months of the current Iranian year (March 20-August 21), a senior Iranian official announced on Saturday.

Speaking to FNA on Saturday, Head of Iran's Customs Office Abbas Me'marnejad said that Iran has exported $15.7bln worth of non-oil products, except gas condensates, during the said period, which shows a 24% increase compared with the same period last year.

He added that Iran's non-oil exports, including gas condensate, decreased by 12% during the said period.

Iran exported $50 billion worth of non-oil products in the last Iranian year (March 21, 2011 to March 19, 2012).

Iranian officials have underlined that the country plans to increase its non-oil exports to over $70bln in the current Iranian year.

Late in December, Iranian President Mahmoud Ahmadinejad lauded the country's growing non-oil exports, and said Iran's non-oil exports would equal its imports in the current Iranian year.

"God willing, non-oil exports will equal (Iran's) imports by the end of 1391 (march 19, 2013)," he said, adding, "That would be a great revolution in the country's economy."

irna/281

Tags: Iran - oil -
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