Iran’s Non-Oil Exports To UAE Rise Eight Percent In Three Months

Trade

TEHRAN, July 27 (NNN-IRNA) – Iran’s non-oil exports to the United Arab Emirates (UAE), during the first quarter of the current Iranian calendar year, starting Mar 20, rose by eight percent in value year on year, Eghtesadonline reported Sunday.

From Mar 20 to June 20, Iran exported around 3.8 million tonnes of non-oil commodities worth 967 million U.S. dollars to the UAE, said Farzad Piltan, director general of Trade Promotion Organisation of Iran’s Arab-African Affairs Office.

The figures also registered a 39-percent rise in weight compared with the same period last year, Piltan added.

The director said, watermelons worth 19 million dollars and tomatoes worth 18.47 million dollars topped the list of Iran’s exports to the UAE during the three-month period under review.

The growth in exports to the southern neighbour comes, despite obstacles to Iran’s trade with other countries caused by the unilateral U.S. sanctions and challenges posed by the COVID-19 pandemic, said Piltan.

Annual trade between Iran and the UAE hovers around 12 billion dollars, he noted.

Farshid Farzanegan, head of Iran-UAE Chamber of Commerce, said, the UAE has good markets for Iranian products, especially agri-food products.