Erbil:Tehran Foreign trade turnover through customs offices in Iran's southern Hormozgan Province reached 16.7 million tons, valued at $9.5 billion, during the first seven months of the current Iranian calendar year, from March 21 to October 22, 2026.

According to Trend News Agency, this represents a 46% decrease in the value of trade turnover and a 50% decline in volume compared to the same period last year. Last year, the trade turnover through Hormozgan's customs offices was 33.7 million tons, valued at $17.6 billion.

Non-oil exports through Hormozgan's customs offices amounted to 15.2 million tons, valued at $4.98 billion, marking a decline of 25.1% in value and 48.1% in volume compared to the previous year. During the same period last year, exports were 29.3 million tons, worth $6.65 billion.

Imports through the province's customs offices totaled 1.58 million tons, valued at $4.53 billion, showing a decrease of 58.5% in value and 64.5% in volume compared to the corresponding period last year.

Additionally, cargo transit through Hormozgan's customs facilities decreased by 47.4%, totaling 2.28 million tons compared to 4.34 million tons in the same period of the previous year.

Despite the declines in trade, customs revenues in Hormozgan Province rose significantly to 1.29 quadrillion rials (approximately $686 million), a 99% increase from last year's 648 trillion rials (approximately $345 million).

Iran currently follows the Solar Hijri calendar, which designates the year as 1405. The Iranian calendar year starts on March 20 or 21, with variations in the length of months compared to the Gregorian calendar.