Iran's non-oil exports for the six months to 21 September, the first half of the Iranian year, were up 10 per cent on the same period in 2007 thanks to a tripling in exports of saffron and car parts.
Iranian companies' non-oil exports amounted to $3.6bn for the period, up from $3.3bn during the same period in 2007.
The export figures were released by Iran's Customs Administration on 13 October.
The government body says that the volume of exports had also increased since 2007, although it declined to say by how much.
Iran's current account balance is forecast to be 11.2 per cent in 2008, according to the latest projections from the International Monetary Fund (IMF).
By far the largest contributor to Iran's positive current account balance comes from its oil and gas exports.
The IMF predicts that Iran's overall economic growth will be 5.5 per cent in 2008.
You might also like...
Amiral cogen eyes financial close
26 April 2024
Lunate acquires 40% stake in Adnoc Oil Pipelines
26 April 2024
Saudi Arabia's Rawabi Holding raises SR1.2bn in sukuk
26 April 2024
Iraq oil project reaches 70% completion
26 April 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.
