BAKU, Azerbaijan, November 1. Iran's three provinces - Hormozgan, Khuzestan and Bushehr - accounted for 55 percent share in value of the country's non-oil trade turnover for the first seven months of the current Iranian year (March 21 through October 22, 2023), Trend reports.
According to data obtained from Islamic Republic of Iran Customs Administration (IRICA), Iran's total non-oil trade turnover surpassed 100 million tons worth $64.4 billion in the first 7 months of the current Iranian year, showing a 6.2 percent increase in value and a 23.7 percent increase in volume compared to the same period last year.
The mentioned three provinces accounted for 67.3 million tons worth over $35 billion of Iran’s total trade turnover in 7 months.
The top ten provinces in Iran's non-oil trade turnover in 7 months are:
|
Province |
Value in USD |
Volume in ton |
|
Hormozgan |
$19 billion |
29.4 million |
|
Khuzestan |
$8.29 billion |
19.7 million |
|
Bushehr |
$7.8 billion |
18.2 million |
|
Tehran |
$7.65 billion |
849,000 |
|
Kermanshah |
$2.21 billion |
5.79 million |
|
West Azerbaijan |
$2.14 billion |
4.5 million |
|
Kerman |
$1.73 billion |
371,000 |
|
East Azerbaijan |
$1.7 billion |
1.83 million |
|
Gilan |
$1.62 billion |
2.18 million |
|
Mazandaran |
$1.59 billion |
3.54 million |
Iran’s non-oil trade sector is a vital source of income and employment for the country, especially in the face of US sanctions on its oil exports. However, there is a large gap between the provinces that dominate non-oil trade and those that lag behind. This gap reflects the uneven distribution of resources, infrastructure, and market access among the provinces.
To boost non-oil trade and achieve more balanced regional development, Iran needs to invest more in improving transportation, communication, and customs facilities, as well as diversifying its export products and markets.
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