Iranian Non-Oil Exports to GCC up to $6.5 Billion

Published December 18th, 2018 - 08:21 GMT
The data from the Iranian Customs Administration show that Iran’s exports to the UAE topped the list in terms of the value of exports in US dollars. (Shutterstock)
The data from the Iranian Customs Administration show that Iran’s exports to the UAE topped the list in terms of the value of exports in US dollars. (Shutterstock)

The nonoil Iranian goods to the GCC countries increased by 38% to reach $6.5 billion compared to $4.7 billion over the same period last year, reports Al-Anba daily quoting the Fars news agency.

The data from the Iranian Customs Administration show that Iran’s exports to the UAE topped the list in terms of the value of exports in US dollars. It was the largest destination among the Gulf countries.

It imported 11.06 million tons of goods worth $5.09 billion, followed by Oman with imports of 1.568 million tons of goods worth $584 million, followed by Kuwait with imports of 2.36 million tons valued at $184.6 million.

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Qatar imported 923,000 tons of goods worth 181 million dollars and Bahrain with imports of 4,497 tons of goods worth $8.33 million. Fars reported that the total volume of non-oil trade between Iran and the Gulf countries amounted to $23.89 billion during last fiscal year, which ended on 21 March.

Iranian exports mainly include gas condensates, liquefied natural gas, lowdensity oil, hydrocarbon and hydrocarbon gases, iron and steel alloys and others.


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