Friday , October 23 2020
Breaking News
Home / Business / Iran’s non-oil goods export to Pakistan up 58pc

Iran’s non-oil goods export to Pakistan up 58pc

ISLAMABAD: The volume of Iran’s non-oil goods exported to Pakistan in the first eight months of the current Iranian calendar year (March 21- November 22) registered 58% increase in comparison with the same period last year, reaching a total sum of $860 million worth of commodity.

Iran’s Commercial Attaché to Pakistan Mahmoud Haji Yousefipour announced that the figure shows a %58 hike in comparison with the $539 million exports in the similar time span of the past year.

The official noted that the trade volume between the two neighboring states exceeded $1 billion during the eight-month period with Iran sitting atop in exports. The Islamic Republic’s trade balance with Pakistan currently stands at 665, he added.

Tiles, ceramics, cement, mineral fuels, distillation products, fruits, nuts, organic chemicals, plastics, iron and steel, soaps, lubricants, waxes, and candles are among the goods Iran sends to Pakistan.

It is important to mention here that senior leaders of Iran and Pakistan have vowed to enhance the values of trade exchanges between the two countries to the level of $5 billion. According to the ministry of commerce sources Pakistan is planning to increase trade with Iran in traditional and especially in nontraditional sectors and in this regard preparing working papers.

Exit mobile version