Iran’s H1 exports of home appliances at nearly $200m

Iran exported nearly $200 million worth of home appliances in the first six months of the current Iranian calendar year (March 21-Septemebr 22), according to the data released by the Islamic Republic of Iran Customs Administration (IRICA) and Trade Promotion Organization (TPO).

1 November 2023
ID : 45114
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Iran exported nearly $200 million worth of home appliances in the first six months of the current Iranian calendar year (March 21-Septemebr 22), according to the data released by the Islamic Republic of Iran Customs Administration (IRICA) and Trade Promotion Organization (TPO).

Also as announced by the deputy minister of industry, mines and trade, production of home appliances in the country rose by 16 percent during the first half of the year.

The country’s exports of home appliances have registered a 24% rise in the first six months of the preceding year, according to the director-general of the Home Appliances Office of the Ministry of Industry, Mines, and Trade.

Mohsen Shokrollahi said cooling and heating appliances including evaporative coolers, heaters, and water heaters with a growth of 30 percent, accounted for the lion’s share of the export in the previous year.

“With 30 million dollars value of export, we had also a growth of 82 percent in the export of refrigerators and freezers in the past year”, he added.

The home appliance industry is one of the industries that faced significant production growth in the past year, so it can be said that Iranian manufacturers were able to take a significant share of the market in the production of refrigerators, freezers, washing machines, evaporative coolers, and TV sets, and even in small household appliances, the production status is outstanding.

The official announced that about 600 home appliance production units are active in the country.

“The home appliance industry is a growing industry and this industry is developing by launching new production lines, for example, last year we launched 27 new production lines, including 10 refrigerator production lines, six microwave and small household appliances production lines, four washing machine production lines, three dishwasher production lines, and one TV production line”, he added.

Over the past few years, the Iranian government has been following a new strategy for supporting domestic production to neutralize the impacts of the U.S. sanctions while reducing the reliance of the economy on oil revenues.

The home appliances sector has been one of the pioneers in this regard and like many other areas, the production of home appliances has witnessed a significant rise in the past six years.

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