Beijing:

Beijing

Tehran:

Tehran

Surge in Monthly Foreign Trade Hit Record Over Past Four Years

Commercial exchanges, excluding crude oil exports, reached 14.54 million tons worth $11.53 billion during the month to March 20, registering a 17% rise in value compared with the month before and a 40% increase year-on-year.

Iran’s monthly foreign trade has registered a record.

Commercial exchanges, excluding crude oil exports, stood close to 14.54 million tons worth $11.53 billion during the month to March 20, registering a 17% rise in value compared with the month before and a 40% increase compared with the similar period of the year before, according to the spokesperson of the Islamic Republic of Iran Customs Administration.

Rouhollah Latifi added that the monthly trade volume is a record high over the past four years since economic sanctions were tightened against Iran.

“During the month under review, we exported a total of 10.11 million tons of commodities worth $5.1 billion, registering a 2% decline in weight but a 37% growth in value compared with the corresponding period of last year,” he was quoted as saying by IRNA.