7th Iran Expo Running as Non-Oil Exports Hit $58 Billion in 2024

7th Iran Expo Running as Non-Oil Exports Hit $58 Billion in 2024
(Tuesday, April 29, 2025) 13:43

TEHRAN (NIPNA) – Iran opened the 7th edition of its largest export-focused trade fair on Tuesday, with Industry Minister Seyed Mohammad Atabak announcing that the country’s non-oil exports reached $57.8 billion in the past year, despite ongoing sanctions.

Speaking at the opening ceremony of Iran Expo 2025 in Tehran, attended by President Masoud Pezeshkian and delegations from over 100 countries, Atabak said the Islamic Republic exported 152 million tonnes of goods in the previous Iranian calendar year. He added that Iran’s trade balance, excluding imported gold, posted a surplus of $8 billion.

“Trade is more than a commercial exchange—it is a common language between nations and a bridge linking cultures,” Atabak told participants, while highlighting Iran’s historical trade legacy and modern-day economic potential in mining, energy, agriculture, advanced manufacturing, and medical tourism.

The minister also praised the government's focus on foreign trade and laid out plans under Iran’s Seventh Development Plan, targeting a 23% annual growth in non-oil exports. Key strategic markets include Africa, West and South Asia, Southeast Asia, Latin America, and Eastern Europe.

Iran’s total foreign trade volume grew by 11% year-on-year to $130 billion, according to the minister.

Also addressing the event, Mohammad Ali Dehghan Dehnavi, head of Iran’s Trade Promotion Organization, described the expo as a platform for economic integration and strengthened diplomatic ties. He said over 1,000 Iranian companies were showcasing their capabilities, and more than 3,100 international business representatives and 190 high-ranking officials from 111 countries were attending.

“Iran Expo is more than a trade event; it’s an opportunity for nations to forge enduring partnerships and contribute to global prosperity,” Dehnavi said.

Iran Expo 2025 runs from April 28 to May 2 at Tehran’s International Exhibition Center.

 


Email is required
Characters left: 500
Comment is required