Iran’s Mineral Exports Passed $3.4 Billion

According to report of public relations of IMIDRO, during first half of the current Iranian year, export value of mining sector reached $3.4 billion while export value in corresponding period of year before was $ 2.9billion.

During this period, Iran exported 25.5 million tonnes minerals and mining industries products, meanwhile export value in corresponding period of last year reached 20.4 million tonnes.

The most growth rate belonged to copper chain so that, from $80 million in first half of last year increased to $643 million which shows a 472 percent growth. Also, the most export value of mine and mining industries sector allocated to steel sector so that over $1.3 of these products were exported to target markets which shows a 11 percent growth in export value of steel chain compared with same period of year before.

During the said before period, export value of iron ore was $327 million, different kinds of ore $151 million and lead chain $103 million also other minerals had lower than $100 million value in export of this sector.

Imports down %25

During the first half of the current Iranian year (20 March-21 September)mine and mining industries sector had downward trend in import , so that imported $ %1.8 billion and country economy witnessed 25 percent decrease in import value of these products compared with corresponding period of last year.

Iran imported $2.4 billion minerals and mining industries products. In first half of current Iranian year Iran imported 2.7 million tonnes mineral and mining industries products while during the same time of year before was 4.4 million tonnes.

During the mentioned period, the most import share was in lead that reached $12 million import value and experienced 415 percent growth rate. Also, import of molybdenum and chrome increased 188 and 90 percent respectively. Import value of molybdenum and chrome chain were $260 thousand and $4.7 million respectively.