Iran says export figures unchanged despite war, energy issues
Iran has maintained its non-oil export figures at record levels that were seen last year despite facing a brief war of aggression by the Israeli regime in June and energy supply issues affecting the country's industrial output over the summer.
Head of Iran’s Trade Promotion Organization (TPO) Mohammad Ali Dehghan said on Saturday that the country’s non-oil exports had reached $25.944 billion in the six months to September 22, up from $25.922 billion reported in the same period last year.
Dehghan said that the slight increase in exports had come despite the impacts of the 12-day war with Israel, as well as a massive explosion that rocked Iran’s largest container port on the Persian Gulf coast in late April.
He said restrictions on electricity and natural gas supplies delivered to steel and petrochemical manufacturers had also affected Iran’s plans to hit new records in non-oil exports.
The official said that Iran’s imports had fallen by 15% to $28.367 billion in the six months to late September, allowing the country to maintain a positive balance of trade over the period.
Iran had a trade deficit of nearly $7.5 billion in April-September 2024, he said.
The TPO chief said that Iran expects to increase its exports in the second half of the calendar year that ends in March, regardless of the new sanctions imposed on the country, including a series of United Nations nuclear sanctions that were enacted late last month.
Dehghan said that the re-imposition of the UN sanctions won’t have a major impact on Iran’s trade relations with other countries, adding that the sanctions would only lead to a slight increase in transaction costs for exporters and importers.
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