The trade balance is likely to be positive

“In total, the seven-month foreign trade statistics of the country is about 49 billion and 468 million dollars, which should be noted, if we want to differentiate it,” said the head of the Iranian Export Confederation in explaining Iran’s foreign trade statistics in the first seven months of this year. Exports totaled $ 24.211 billion and imports were $ 25.257 billion, while exports continued to grow negatively, although the negative growth rate declined to 2.17%.

Mohammad Lahouti added: in the sense that it is a good thing that we have been distancing from the big numbers that we exported in the quarter and quarter due to negative growth, and we have come to terms with last year’s situation. An examination of foreign trade statistics shows that the average price of exported goods has risen by 8% to $ 364 per tonne, which is one of the positive aspects of the seven-month export, while imports also reached $ 25.257 million, an increase of 14 .89 percent experienced.

In such a situation, the average price of imported goods reached $ 1396, which is 8.89%, and this, in my opinion, is indicative of the fact that the imported goods of the country are mostly intermediate goods and capital. This will be the import of high-quality imported goods to the country and production is better than the past.

In the meantime, the combined export basket of the country is such that 48 percent of the cake, including condensate and petrochemicals, and 52 percent of it, is related to other commodities, which unfortunately has negative growth in all its parts, but changes Significantly less than six months.

According to the head of the Export Confederation of Iran, according to foreign trade statistics, the first five countries comprise Iran, Iran, China, Iraq, the United Arab Emirates, South Korea and Afghanistan, accounting for the largest growth of about 24 percent, Related to exports to South Korea, but also the worst growth in the United Arab Emirates, which has experienced a negative growth of 16% over the previous period, indicating that our exports are exported directly to intermediary countries .

Another point that deals with the issue of exports is the presence of Afghanistan among the first five trading partners of Iran, which means that Afghanistan will return to the list of five first-nation countries of Iran’s exports and will also have a significant growth in the export basket. So Iran’s export presence in Afghanistan has become more pronounced.

According to Lahoudi, according to statistics, the major import items of the country are still constituting commodities, rice, corn and disintegrating parts of the car, and Iran’s trade partners in the import field are also China, the United Arab Emirates, Turkey, South Korea and Germany. It is important to note that Germany continues to grow in the Jirga of the first five countries of the imported Iranian market, while experiencing a positive growth, while imports from Korea have a negative 3% growth.

“Overall, the trade balance is $ 1 billion in favor of imports and is still negative, but fortunately, the percentage difference, compared to six months, which was $ 3 billion negative, has improved, and it is likely that Iran will be able, like last year, to In the coming months, the export / import distance will be set to zero and the balance will probably be positive. However, in general, the situation with Iran’s foreign trade report in the sixth time has not changed much, and we are still lagging behind the targets set in the Sixth Development Plan. However, eight months have passed since the year, and until the achievement of goals, there is still a gap has it.