Thursday, February 24, 2011

Iran Exports Rising

Iran’s oil ministry announced today that the volume of oil products exported to Iraq has reached a record 500,000 liters per day.

Meanwhile, Iran’s ministry of industries and mines reports that the volume of industrial and non-oil mineral exports have reached 18 billion dollars during the first 10 months of the current Iranian year ending 20 March 2011. This is an increase of more than 22 percent over the same period last year.

Iran has the world’s largest zinc and second largest copper deposits. Other mineral reserves include iron, chrome, coal, gold, lead and tin.

Total volume of non-oil exports in the current Iranian calendar year is expected to reach 30 billion dollars.

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