Iran's non-oil exports have increased in the administration of Hassan Rouhani, because the West has eased some part of the sanctions on the country. This shows improvement in the country's non-oil exports as well as global trade.
But, the sanctions on Iran's banking system have not been lifted yet and it makes receiving exports price difficult for the country. But, based on Iran and 5+1 group interim deal in Geneva on November 24, it seems that the condition has improved to some extent for Iran's exports. Although, international banks such as banks in Dubai still avoid transactions with Iran.
Customs Administration's statistics
The statistics released by Islamic Republic of Iran Customs Administration (IRICA) for the first seven months of the current Iranian calendar year (March 21-October 22, 2013) shows noticeable drop in Iran's non-oil exports. According to these statistics, exports of gas condensates, petrochemical and other non-oil products have fell by 30.56, 12 and 10 percent, respectively, compared to the same period last year.
But the statistics for the period of October ۲۳, ۲۰۱۳-Februray ۱۹, ۲۰۱۴ shows noticeable increase which compensates for the fall in the exports during the first seven months of this year.
The figure released by the Customs Administration show increase in the gas condensate exports during the first eleven months of this year compared to the same period last year, and only 1.52 percent fall in Iran's total non-oil exports during the mentioned time.
Iran has exported ۳۷.۳۶۳ billion dollars worth of non-oil products during the first eleven months of this Iranian calendar year (March ۲۱, ۲۰۱۳-Februray ۱۹, ۲۰۱۴).
Stability of Iran's rial
The value of Iran's currency against the U.S. dollar has fell severely in the last year of Mahmoud Ahmadinejad's administration and the U.S dollar was sold at near ۴۰,۰۰۰ rials in some times, which showed ۶۰-percent fall in Iran's currency value in a short time. But, after Iran's presidential election in June ۲۰۱۳, the exchange rate of Iran's rial rose against U.S. dollar.
Alireza Roghaniyan