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cement and other construction materials, food processing (particularly sugar refining and vegetable oil production), ferrous and non-ferrous metal fabrication, armaments Industrial production growth rate: 4.8% excluding oil (2007 est.) Electricity - production: 189.9 billion kWh (2006 est.) Electricity - consumption: 149.4 billion kWh (2006 est.) Electricity - exports: 2.775 billion kWh (2006 est.) Electricity - imports: 2.54 billion kWh (2006 est.) Electricity - production by source: fossil fuel: 97.1% hydro: 2.9% nuclear: 0% other: 0% (2001) Oil - production: 4.033 million bbl/day (2007 est.) Oil - consumption: 1.679 million bbl/day (2006 est.) Oil - exports: 2.52 million bbl/day (2006 est.) Oil - imports: 167,800 bbl/day (2005) Oil - proved reserves: 138.4 billion bbl based on Iranian claims (1 January 2008 est.) Natural gas - production: 111.9 billion cu m (2007 est.) Natural gas - consumption: 111.8 billion cu m (2007 est.) Natural gas - exports: 6.2 billion cu m (2007 est.) Natural gas - imports: 6.1 billion cu m (2007 est.) Natural gas - proved reserves: 26.85 trillion cu m (1 January 2008 est.) Current account balance: $28.95 billion (2007 est.) Exports: $88.26 billion f.o.b. (2007 est.) Exports - commodities: petroleum 80%, chemical and petrochemical products, fruits and nuts, carpets Exports - partners: China 15%, Japan 14.3%, Turkey 7.4%, South Korea 7.3%, Italy 6.4% (2007) Imports: $53.88 billion f.o.b. (2007 est.) Imports - commodities: industrial raw materials and intermediate goods, capital goods, foodstuffs and other consumer goods, technical services Imports - partners: China 14.2%, Germany 9.6%, UAE 9.1%, South Korea 6.3%, Russia 5.7%, Italy 5% (2007) Economic aid - recipient: $104 million (2005 est.) Reserves of foreign exchange and gold: $69.2 billion (2007 est.) Debt - external: $20.68 billion (31 December 2007 est.) Stock of direct foreign investment - at home: $6.026 billion (2007 est.) Stock of direct foreign investment - abroad: $903 million (2007 est.) Market value of publicly traded shares: $45.2 billion (December 2007) Currency (code): Iranian rial (IRR) Currency code: IRR Exchange rates: Iranian rials (IRR) per US dollar - 9,407.5 (2007), 9,227.1 (2006), 8,964 (2005)
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