BAKU, Azerbaijan, December 19. Iran’s North Khorasan Province, located in the north-east of the country, exported $104 million worth of non-oil products weighing 349,000 tons in the first 8 months of the current Iranian year (March 21 through November 21, 2023), said Hossein Hajibegloo, the chairman for Industry, Mine, and Trade Organization of the province, Trend reports.
The chairman said that the value of the non-oil exports from the province fell by 32 percent, while the volume rose by 39 percent, compared to the same period last year.
Hajibegloo also mentioned that petrochemical products made up 85 percent of the exports from the province. The main reason for the decline in the value of the non-oil exports from the province was the fall in the price of petrochemical products in global markets, he said.
The official clarified that if the value of each ton of petrochemical products exported from North Khorasan Province for the first 8 months of last year was $650-$850, this year, it stood at $280-$300.
He further stated that steel, cement, aluminum, saffron and other products were also exported from the province.
Hajibegloo revealed that the main destinations for the province’s exports were Iraq, Turkmenistan, Afghanistan, Türkiye, Azerbaijan, Russia, and others.
Overall, Iran’s non-oil exports reached $32.2 billion in value and more than 90 million tons in volume in the first eight months of the current Iranian year (March 21 through November 21, 2023).
Compared to the same period of the previous Iranian year, the value of non-oil exports decreased by 1.6 percent, while the volume increased by 27 percent.
Iran’s non-oil exports do not include crude oil, mazut, and white oil, which are subject to US sanctions that prevent Iran from exporting them freely. Therefore, Iran has been focusing on increasing its non-oil exports to cope with the economic pressure.
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