Economic & Industrial

Iran`s mining and mineral industry reached $ 3.7 billion in four months

Iran`s mining and mineral industry reached $ 3.7 billion in four months
Mining News Pro - The value of Iran`s mining and mineral products exports in the 2018 quarter reached $ 3.76 billion, which is estimated at more than 37% of the program, with a target of $ 10 billion for this sector by the end of the year.
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According to Mining News Pro - The total weight of the exports of mining and mineral products of Iran during the mentioned period reached 20 million 917 thousand tons.

Iraq, China and the United Arab Emirates were the main partners of Iran in the first four months of the year, attracting 40% of these products.

Mehdi Karbasiyan, Deputy Minister of Industry, Mine and Trade, announced April 28 that the value of exports to the mining and mineral sector in 2011 was $ 9 billion.

In the first four months of this year, Iraq, China and the United Arab Emirates attracted more than 9.9 million tons of Iranian products worth over $ 1.4 billion.

Iraq with the share of 14.3% of the country`s export value in the first place, China with 13.1% and the United Arab Emirates with 12.8% respectively ranked second and third respectively.

Jafar Sarqini, Deputy Minister of Mining and Mining Affairs of the Ministry of Industry, Mining and Trade, on the 6th of September last year announced the value of mineral exports in 1995 at $ 6.6 billion.

Achieving the export value of $ 10 billion at the end of this year compared to 1395 will increase by 51%, and is expected to be at least 11% higher than last year.

According to the Sixth Development Plan (1400- 1396), exports of non-oil products and services (without gas condensate) will rise to 112 billion and 739 million dollars in 1400.

Exports of mining and quarrying products in the past four months show that Italy accounted for 5.3% of the total exports of 485,000 tonnes, worth $ 201 million worth of exports, and ranked seventh.

The Netherlands, meanwhile, importing more than 30,000 tons of Iranian goods worth $ 27.9 million, absorbed less than one percent of its products, and ranked among the importers by the twentieth.

The countries of Afghanistan, Thailand, Turkey, Oman, Egypt, India, Taiwan, Indonesia, Malaysia, Kuwait, Pakistan, Syria, South Korea, Qatar and Turkmenistan were among other target export markets of Iran in the first quarter of this year in mining and mineral products.

According to the four-month foreign trade statistics, the value of non-oil exports grew by 14% and the volume of foreign trade exceeded $ 30 billion, according to the Customs of the Islamic Republic of Iran on the 6th of August this year.
The balance of foreign trade in Iran in the fourth quarter of this year showed a surplus of trade surplus of $ 271 million.

The Office of Information Technology and Communications of the Customs, Iran`s non-oil exports amounted to 15 billion and 450 million dollars, up 14.6 percent year-on-year.

The first four months ago, the value of non-oil exports was $ 13.471 million.


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