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Iran’s non-oil exports hit all-time record

A senior Iranian official has said that Iran has reached an all-time record of $53.166 billion in non-oil exports with a 10% growth reported over the last Iranian calendar year (March 20, 2022, to March 22, 2023).

Non-oil exports topped $53.16 billion last year, which is a new record in Iran’s history, Ruhollah Latifi, the spokesman for the Trade Promotion Commission of Iran’s House of Industry, Mine and Trade, said on Monday.

The country’s non-oil trade has been near 160 million metric tons in weight and $112.8 billion in value in the past Iranian calendar year, the official said, adding that exports rose 11.2% in value terms compared with the previous year.

According to Latifi, the previous highest record in non-oil exports from Iran had been reached nine years ago when the country shipped some $50.5 billion worth of goods.

China, Iraq, Turkiye, United Arab Emirates and India were the first five top buyers of Iranian exports over the past calendar year, said Latifi.