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Thursday, August 18, 2011

Iran’s non-oil exports to Latin America up 15% http://www.tehrantimes.com/index.php/economy-and-business/1705-irans-non-oil-exports-to-latin-america-up-15

Iran’s non-oil exports to the Latin American countries surge around 15 percent in the last Iranian calendar year (ended on March 20, 2011), the director of Europe and America bureau of the Trade Promotion Organization of Iran said here on Wednesday.Irna news agency quoted Abdolhamid Asadian as saying that Iran’s non-oil exports to the Latin American countries stood at 137 million dollars two years ago, which increased to 151 million dollars in the last year.Iran’s booming trade with Latin American economies like Brazil, Venezuela, Paraguay, and Bolivia has surged considerably in recent years and has also allowed Iran to expand its foreign trade.Iran's total non-oil exports have surpassed 32 billion dollars in the past Iranian calendar year (ended March 20).

The total value of non-oil exports, including gas condensates, reached 32.656 billion dollars during the past year.The country also exported 3.3 billion dollars worth of technical services to other states during the same period.The Islamic Republic exported about 21.3 billion dollars worth of non-oil products (excluding gas condensates) in the previous Iranian calendar year.

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