Tehran and Doha Experience 53% Surge in Trade Over 9 Months, Says Envoy

Iran’s Foreign Trade Soars to $104 Billion in Just 10 Months!

The latest figures reveal a significant surge in Iran’s non-oil exports during the current Iranian calendar year, showcasing the country’s robust trade dynamics. Between March 21, 2024, and January 20, 2025, Iran’s non-oil exports reached an impressive $103.846 billion, marking an 18 percent growth compared to the same period last year.

According to data from the Trade Promotion Organization of Iran (TPOI), the country exported a total of 158.180 million tons of non-oil goods valued at $103.846 billion during this timeframe. The details of these exports highlight the increasing demand for Iranian products in various international markets.

Key Highlights of Iran’s Non-Oil Exports

  • Total Exports: 158.180 million tons valued at $103.846 billion.
  • Growth Rate: 18% increase compared to last year’s figures.
  • Export Weight: 127.396 million tons worth $47.755 billion.
  • Growth in Weight and Value: 12% in weight and 18% in value.

Iran’s primary export markets during this period included China, Iraq, the United Arab Emirates, and Turkey. These countries have shown a growing interest in Iranian goods, particularly in specific sectors that have proven to be lucrative.

Top Exported Products

Among the various products exported by Iran, several key items have contributed significantly to the overall export value:

  • Natural Gas
  • Liquefied Propane
  • Methanol
  • Liquefied Butane
  • Bitumen

This diversification of products underscores Iran’s strategic approach to enhancing its export portfolio and tapping into global markets.

Import Trends

In addition to its export activities, Iran has also engaged in substantial import operations. The country imported products valued at a total of $17 billion from the following countries:

  • United Arab Emirates (UAE): $14.4 billion
  • China: $909 billion
  • Turkey: $1.9 billion
  • Germany: Specific figures not disclosed

Moreover, the import of vehicles has witnessed a remarkable increase, with 41,297 cars valued at $877 million imported during the same period. This reflects a staggering growth of 709 percent in quantity and 744 percent in value compared to the previous year.

Conclusion

The data from the Iranian calendar year highlights the resilience and growth potential of Iran’s non-oil sector. With a clear focus on expanding its export markets and diversifying its product offerings, Iran is positioned to enhance its global trade footprint significantly. The continued growth in both exports and imports demonstrates the dynamic nature of Iran’s economy amidst changing global trade landscapes.

As Iran continues to leverage its natural resources and develop its trade relationships, the prospects for future economic growth appear promising. The focus now lies in maintaining this momentum and addressing challenges that may arise in the global market.

For more updates on Iran’s trade performance and economic developments, stay tuned to relevant news sources.

Similar Posts

  • This article will be expanded soon. This article will be expanded soon. This article will be expanded with more detailed information shortly. This article will be expanded with more detailed information shortly. This article will be expanded with more detailed information shortly. This article will be expanded with more detailed information shortly.

  • Iran Issues Stark Warning: Targets Set on Americans Involved in Terrorism and Sabotage

    Iran is launching an initiative to address human rights violations and terrorist actions attributed to the U.S. in the region, led by the Foreign Ministry’s Department of Legal and International Affairs. Deputy Foreign Minister Kazem Gharibabadi announced that Iran will use existing laws to compile a list of American individuals involved in hostile actions, aiming to impose sanctions and pursue legal proceedings against them. This initiative responds to ongoing U.S. adversarial measures and the designation of Iran’s Islamic Revolution Guards Corps (IRGC) as a terrorist organization. Iran seeks to protect its sovereignty and assert its legal stance against perceived foreign threats.

  • Iran and Turkey Join Forces to Supercharge Bilateral Trade Relations

    Iran’s Minister of Industry, Mohammad Atabak, visited Turkey to participate in the ECO Trade Ministers Meeting, focusing on enhancing bilateral trade. He met with Turkish Trade Minister Ömer Bolat to discuss the current state and future opportunities for collaboration. Atabak highlighted Turkey as a key trade partner and expressed optimism about increasing trade volume by resolving minor obstacles. Bolat noted significant growth in trade this year and reiterated Turkey’s commitment to strengthening economic ties. The discussions aimed to address trade barriers, enhance logistics, and promote joint ventures, indicating a promising future for Iran-Turkey trade relations.

  • Trump Envoy Reveals US Strategy to Build Trust with Iran

    In a recent interview, Steve Witkoff, Donald Trump’s Middle East envoy, highlighted efforts to prevent armed conflict with Iran by building trust. His comments followed Trump’s non-threatening letter to Iran, confirmed by Foreign Minister Abbas Araghchi. Trump aims to reintegrate Iran into the global community, contrasting with Ayatollah Khamenei’s warning against U.S. hostility, which he claims would lead to severe repercussions. While Iran expressed openness to communication, they cautioned about the letter’s implications. The evolving U.S.-Iran relations suggest potential diplomatic thawing, though historical mistrust complicates matters, and both nations face domestic pressures impacting negotiations.

  • Iran Unveils 268 Exciting Tourism Projects Worth $130 Million: A Boost for Travel and Economy!

    Iran’s tourism sector received a significant boost with the inauguration of 268 projects, including hotels, eco-tourism residences, and dining facilities, by Minister Reza Salehi-Amiri. These developments, valued over 130 trillion rials (approximately $130 million), aim to enhance tourism appeal and create around 2,830 jobs. Salehi-Amiri emphasized the tourism potential of provinces like Ilam, Qazvin, Khorasan Razavi, and Bushehr, highlighting their historical significance and opportunities for marine and pilgrimage tourism. Additionally, $160 million has been allocated for tourism this year, reflecting a commitment to advancing the sector and engaging the private sector for sustainable growth.

  • Iran Moves Forward with Conditional Approval of Palermo Convention Accession

    Iran’s conditional approval to join the Palermo Convention marks a pivotal step toward aligning with Financial Action Task Force (FATF) standards, potentially allowing it to exit the international money laundering blacklist and regain access to global banking. The Expediency Council announced this decision, emphasizing compliance with the Constitution. However, it faces strong opposition from over 150 hardline lawmakers concerned about UN sanctions and the risks of compromising sovereignty. Discussions on the related Countering the Financing of Terrorism (CFT) bill are expected to continue, making the coming months critical for Iran’s economic prospects and international relations as it navigates internal political dynamics.