Iran exported around 3.8 million tons of commodities worth $967 million to the UAE during the first quarter of the current Iranian year (March 20-June 20) despite the routine marine and air links between the two countries being interrupted by the coronavirus outbreak.
Iran exported 21,720 tons of pistachio worth $154.12 million during the first quarter of the current Iranian year (March 20-June 20) with China, Germany and Iraq as top destinations.
Agricultural and food products accounted for more than 20% of Iran’s total non-oil exports during the first two months of the current Iranian year (March 20-May 20).
Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) plans to set up a special committee to monitor procedures involved in repatriation of export earnings to the country that has become a hot button issue on the foreign trade landscape.
Iran has earned over $5.8 billion in foreign currency revenues from its agrifood sector over the past calendar year ending late March. The main export items over the period included pistachio, apple, tomato and watermelon.
The Export Guarantee Fund of Iran (EGFI) says it has provided more than $2.3 billion worth of insurance to export shipments from Iran over the past calendar year ending late March.
Iran has pocketed around $60 billion from exports of products, services and energy since the United States imposed its sanctions on the country’s sale of crude two years ago.
Iranian companies involved in the water and power industries undertook 100 foreign projects in the last decade, overseas project manager in Iran’s Water Resources Management Company (a subsidiary of Iran’s Energy Ministry) said.
Chairman of Iran-Iraq Joint Chamber of Commerce Yahya AleEshaq said that during the first 9 months of the Iranian calendar year (March 22-December 21, 2019), $9 billion of non-oil goods and services were exported to Iraq.
The CEO of the National Iranian Copper Industry Company (NICICO) has said that for a first time in the country’s history the sector is facing a higher demand than current supply and output levels despite a series of American sanctions that seek to stifle Iran’s lucrative trade of metals.