More than 13.2 million tons of essential commodities have been imported into Iran over the eight calendar months to November 22, according to a report by the country’s Ports and Maritime Organization (PMO).
Iran has stockpiled a roughly 10.5 million metric tons (mt) of different essential goods in last calendar year to late March, according to a deputy minister of agriculture.
The governor of Iran’s National Tax Administration (INTA) Mohammad-Hadi Sobhanian has ordered the execution of a new law which significantly cuts the Value Added Tax (VAT) on imports of essential goods.
Iran has imported some 7.35 million tons of essential goods worth $4.763 billion in the first four months of the current calendar year (March 21 – July 21), according to a report by the Ministry of Economy.
The Central Bank of Iran said it allocated close to $2.5 billion for importing of wheat, corn, barley, soybean meal, oilseeds, oil, rice, fertilizers, and other essential commodities since the beginning of the current fiscal year in late March.
Latest figures released by Ports and Maritime Organization of Iran (PMO) suggest that the country has unloaded over 19 million tons of essential goods in its ports during the first 10 months of the current Iranian calendar year (March 21, 2022 – January 20, 2023).
The Islamic Republic of Iran Customs Administration has reduced value-added tax on the import of seven types of oilseeds and vegetable oils from 9% to 1%.
Iran’s agriculture minister Javad Sadatinejad says the country’s grains output rose by 13.5% in the year to late August.
More than 1 million tons of rice were imported into Iran during the first half of the current Iranian year (March 21-Sept. 22).
A total of 13 million tons of goods worth $10 billion have been imported into Iran since the beginning of the current Iranian year on March 21, the deputy head of the Islamic Republic of Iran Customs Administration said.