Iran exported $50 billion worth of non-oil products in the last Iranian year (March 21, 2011 to March 19, 2012), a senior Iranian economic official announced on Saturday.
"We had $50bln of non-oil exports last year," Deputy Minister of Industry, Mine and Trade Abbas Qobadi said, addressing a conference in Iran's Western city of Sanandaj.Â
The official further reminded that Iran's imports stood at $60bln during the same period.Â
He pointed to the current sanctions imposed on Iran by the West, and stressed that Iranian traders, businesses and commerce chambers have managed to handle the impacts of the sanctions on the Iranian market very well.Â
Iranian officials have underlined that the country plans to increase its non-oil exports to over $70bln in the current Iranian year.Â
Late in December, Iranian President Mahmoud Ahmadinejad lauded the country's growing non-oil exports, and said Iran's non-oil exports would equal its imports in the current Iranian year.Â
"God willing, non-oil exports will equal (Iran's) imports by the end of 1391 (march 19, 2013)," he said, adding, "That would be a great revolution in the country's economy."Â
Source: FARS news
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