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NEWS Online - Iran Exports over $12bln of Commodities to Asian States

NEWS Online

Iran Exports over $12bln of Commodities to Asian StatesIran exported $12.118bln of goods to five Asian countries in the first seven months of 2013 (January-July), showing a remarkable rise compared with the same period in the year before, an official report said.

Iranian Customs Office said on Tuesday that in the period under study, 18.642mln tons of goods worth $3.577bln were destined to China, 9.569mln tons of goods valuing at $3.577bln  were exported to Iraq, and 2.868mln tons of goods worth $1.933bln were sent to the UAE.

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

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

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, the world's fourth-largest petroleum consumer, is Iran's second largest oil customer after China and purchases around $12bln 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 $50mln annually to Afghan anti-narcotics efforts in the last decade.

The neighboring counties of Iran and Iraq have enjoyed growing ties ever since the overthrow of the former Iraqi dictator, Saddam Hussein, during the 2003 US invasion of the Muslim country.

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1392/06/27 15:36
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