Iran’s import drops 26.8% in springChristian Fernsby ▼ | July 30, 2020
Tehran’s Chamber of Commerce reported that in the first three months of the Iranian year (started March 20, 2020), the goods imported to Iran have declined to $7.6 billion showing a 26 percent compared to the previous year's corresponding period.
Goods Iran air
In the same period of the previous year, Iran had $11.4 billion of exports and $10.4 of imports, reaching the countries’ trade balance to $21.8 billion.
The statistics show that Iran's exports have decreased by 44 percent in value and 45.1 percent in weight and that Iran's imports have decreased by 26.8% in value and %0.8 in value.
The value of export of the country per ton was $290, which shows a $2.1% increase compared to the same period of the previous year. However, the value of Iran’s import per ton was $854, which shows a %26.2 reduction compared to the previous year ($1,157 per ton). ■