News dalla rete ITA

22 Luglio 2025

Iran

EXPORTS TO EURASIAN BLOC RISE 22% IN Q1 UNDER FREE TRADE PACT

India exported non-oil products worth $514 million to Iran during the first quarter of the current Iranian calendar year (March 21-June 21), the head of the Islamic Republic of Iran Customs Administration (IRICA) announced.Foroud Asgari said that India was Iran’s fourth source of non-oil imports during the three-month period.According to the official, Iran’s total non-oil trade during the first quarter reached 43.489 million tons, valued at $24.684 billion.Imports accounted for 9.013 million tons of that volume, worth $13.029 billion—down 4.35 percent in weight and 11.73 percent in value year-on-year, the IRICA head stated.The average value of imported goods was $1,446 per ton, reflecting a 7.7 percent decline, the official said.Key import items included unrefined gold at $965 million, animal feed corn at $883 million, rice at $500 million, sunflower seed oil at $493 million, and mobile phones at $372 million, he announced.The UAE was Iran’s leading import partner with $3.886 billion in shipments, Asgari stated.According to the IRICA head, Iran exported $11.655 billion worth of non-oil goods in the first quarter of the current Iranian calendar year.The volume of non-oil exports stood at 34.476 million tons, representing a 9.3 percent decrease in weight and a 14.4 percent drop in value compared to the same period last year, the official stated.The average customs value of exported goods was $338 per ton, down 5.6 percent year-on-year, he added.Petrochemical exports during the quarter totaled 11.133 million tons, valued at $4.684 billion, which marks a 28.7 percent decline in weight and a 24.5 percent decrease in value from the year before, Asgari stated.He said that the top non-oil export items were liquefied propane at $874 million, liquefied butane at $611 million, methanol at $576 million, petroleum bitumen at $574 million, and natural gas at $456 million.China was Iran’s largest export destination with purchases totaling $3.511 billion. It was followed by Iraq at $1.905 billion, the United Arab Emirates at $1.592 billion, Turkey at $937 million, Afghanistan at $510 million, Oman at $437 million, and Pakistan at $420 million, according to the IRICA head.At a conference on commercial opportunities between Iran and India, held on the sidelines of Iran Expo 2025, in early May, officials and business representatives from both countries emphasized the need to diversify trade and familiarize Iranian businesses with international trade models.According to Iran’s Trade Promotion Organization (TPO), the “Iran–India Trade Opportunities and Capacities Conference” brought together Hossein Bamiri, Iran’s commercial attaché in India; Khalid Khan, a member of the Iran Trade Center in Mumbai; and several trade delegations from both nations.Bamiri said Iran’s exports to India over the past decade have largely been limited to a narrow range of products including dates, pistachios, almonds, and petrochemicals, with little diversification in the export basket.Highlighting the mismatch between the two countries’ trade potential and current volumes, Bamiri urged Iranian businesses to pursue not just goods exports but also services. “This requires a stronger Iranian presence in international trade fairs,” he added.He also stressed that Iranian traders and manufacturers must align their corporate structures with global standards and gain a deeper understanding of international trade models. “Proper marketing and consistent participation in international events are key,” Bamiri said.Khalid Khan said efforts are underway to usher in a new phase of commercial relations between India and Iran. “We aim to showcase the capabilities of both nations on a broader scale,” he said, adding that India-Iran trade could flourish further if Chabahar Port became more accessible to Indian traders. “Such progress depends on sound policies and timely cooperation,” he noted.Also speaking at the event, Masoud Ebrahim Shah, a former advisor to the Malaysian prime minister, called India’s export potential “unparalleled” and described trade exhibitions as a strategic platform for future commercial development. (ICE TEHERAN)


Fonte notizia: Tehran Times