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Ardebil province, Iran, sees 54% rise in exports.

(MENAFN) The value of non-oil exports from Ardebil province, located in the northwest of Iran, surged by 54 percent during the first six months of the current Iranian calendar year (March ...

(MENAFN) Ardebil province in northwest Iran saw a 54% rise in non-oil exports in the first half of the current Iranian year (March 20-September 21), with 157,000 tons exported, worth USD 80 million. This is a 42% increase in weight compared to last year, highlighting Ardebil’s growing role in Iran’s non-oil trade.

Additionally, the province imported 15,000 tons of non-oil goods valued at USD 105 million during the same period, a 73% increase in value and a 57% increase in weight from the previous year. This growth in both exports and imports indicates a thriving trade environment in Ardebil.

On a national level, Iran’s non-oil exports also increased by 6.5%, reaching 70 million tons valued at USD 25.8 billion. Overall, the country’s first-half exports, including oil and services, totaled USD 49.6 billion, while imports reached USD 32.6 billion, with gold valued at USD 2.5 billion.

Despite a negative trade balance of USD 6.8 billion excluding oil and services, including them shifted the balance to a positive USD 17 billion, showing the resilience of Iran’s economy.

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