Iran-Malaysia non-oil trade hits $548.77 mn

Madiha Shakeel January 21, 2019

TEHRAN: The non-oil trade between Iran and Malaysia reached 548.77 million U.S. dollars in the first nine months of the current fiscal year starting March 21, 2018, up 3.15 percent year-on-year, Eghtesadonline reported Saturday.

These non-oil commodities traded between the two countries during the period weighed 856,698 tons, registering a 9.95-percent growth from the previous fiscal year.

Iran’s exports to Malaysia, mainly gas condensates, non-alloy iron or steel ingots, urea and bitumen, stood at 536,103 tons worth 215.44 million dollars during the period.

Meanwhile, Malaysia exported 320,595 tons of goods worth 333.33 million dollars to Iran, mainly palm oil, machinery and natural rubber.

Copyright APP (Associated Press of Pakistan), 2019

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