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Iran exported $12 billion to five Asian countries

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Staff writer ▼ | September 19, 2013
Iran exported $12.118 billion of goods to five Asian countries in the first seven months of 2013. Iranian Customs Office said that 18.642 million tons of goods worth $3.577 billion were destined to China.
Iran exportIran exported $12.118 billion of goods to five Asian countries in the first seven months of 2013. Iranian Customs Office said that 18.642 million tons of goods worth $3.577 billion were destined to China.


Another 9.569 million tons of goods valuing at $3.577 billion were exported to Iraq, and 2.868 million tons of goods worth $1.933 billion were sent to the UAE.

Afghanistan and India followed the list to which the exports were destined in the 7-month period; $1.572 billion and $1.336 billion of the Iranian commodities were exported to Afghanistan and India respectively.

Major items exported in the period included methanol, worth $755 million, uncompressed iron-ore and concentrates, worth $725 million, and tar oil worth $655 million.

Iran is currently China's third largest supplier of crude, providing Beijing with roughly 12 percent of its total annual oil consumption. According to the figures released by China's General Administration of Customs in January, China's crude oil imports from Iran reached 2.5 million tons (mt) in December 2012, up 43 percent from November.

Meantime, Iran and India which have deep historical and cultural relations are now seeking to further expand political and economic ties. India is Iran's second largest oil customer after China and purchases around $12 billion worth of Iranian crude every year, about 12 percent of its consumption.

Iran is also one of the most important donors to Afghanistan which has kept its promises to help to the reconstruction of the war-hit country. Iran has built some roads, power transmission lines, and border stations, among the other infrastructure projects which would better link the two nations. Iran has also contributed more than $50 million annually to Afghan anti-narcotics efforts in the last decade.

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