Iran non-oil exports surge 29% despite sanctions

Iran Independent News Service – April 7

Iran’s non-oil exports surged 29 percent to nearly $44 billion in the year to mid-March despite tough Western sanctions to rein in Tehran’s disputed nuclear drive, according to officials and data.

Overall exports excluding crude oil hit $48 billion, Kiumars Fathollah Kermanshahi, a deputy head of Iran’s Trade Promotion Organisation, told the official IRNA news agency.

Iran raked in $43.8 billion for exporting products other than oil, and a further $4.2 billion for exporting technological services, Kermanshahi said.

Exports of non-oil products during same period a year before were worth $34 billion, excluding technological services.

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