“Exports (excluding crude oil) and imports during the period stood at $39 billion and $40 billion respectively,” Minister of Economic Affairs and Finance Farhad Dejpasand said on Tuesday in a meeting with representatives of Tehran Chamber of commerce, Industries, Mines and Agriculture.
Capital goods account for 85% of Iran’s imports
Noting that capital goods account for 85% of imports, the minister added that at present, exporters are the main suppliers of foreign currency needed for imports.
Mehdi Mir-Ashrafi, the head of Islamic Republic of Iran Customs Administration, who was also present at the meeting, said maritime transport accounts for more than 90% of global trade; countries with access to high seas have considerable potential to benefit from foreign trade.
