Iran Exports over 76 Million Dollars of Goods from Qeshm Island

Director of Qeshm Free Zone Organization for Customs Affairs Mokhtar Garshasbi said that $76.9 million of goods were exported from Qeshm Island which shows a %63 growth compared to the same period last year.

Also, in the same period, over $25 million of re-exports were carried out in Qeshm Free Zone, which indicates a 159 percent YOY increase, he added.

Garshasbi also said that the trade balance of the region since the beginning of this year is $45 million.

He added that the products are mainly exported to the UAE, Somalia, Qatar, and Kuwait.

The figures released by Iranian costumes administration (IRICA) in June showed that the country exported 12.5 billion worth of non-oil goods in spring.

“In the spring, 35,500,000 tons of goods worth $12.5 billion were exported from the country, without taking into account the exports of crude oil, fuel oil, kerosene and other trade done in cash. In the meantime, 8,600,000 tons of goods valued at $14 billion were imported into the country.,” the figures released by Islamic Republic of Iran Customs Administration (IRICA) showed.

During the period, Iran's non-oil exports increased by 24.42% in weight and decreased by 8.84% in value compared to the same period last year, while imports increased by 1% and 5.79% in weight and value, respectively, the IRICA statistics further indicated.

The report added that due to the decrease in global prices of some commodities, including petrochemical products, which increased by 16% in weight, but decreased by 18% in value, the total amount of Iran's non-oil exports witnessed changes in weight and value.

This spring, corn, soybeans, sunflower seed oil, rice, wheat, and barley were the major data-x-items imported into Iran, accounting for 15.56% in weight and 19.79% in value of the country's total imports.

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