Iran Exports over $23 Billion Crude Oil in H1: IRICA


TEHRAN (Tasnim) – The Islamic Republic of Iran Customs Administration (IRICA) said that $23.2 billion of crude oil was exported from the country in the first six months of the current Iranian calendar year (started March 21, 2024).

Iran’s export of crude oil from March 21 to September 21, 2024 registered a growth compared to the last year’s corresponding period, IRICA said, Mehr news agency reported.

In this period, 28.1 million tons of petrochemicals, valued at $11.3 billion, were exported from the country, showing a 5 and a 7 percent growth in weight and value, respectively compared to the same period last year.

IRICA put the share of the National Development Fund of Iran (NDFI) and government from the oil revenues at 20 and 65 percent respectively.