Iran’s SAIPA exports up 83 percent
Azerbaijan, Baku, Dec.30 / Trend F.Milad/
Iran's SAIPA car manufacturer exported over 32,000 vehicles in the first nine months of current Iranian calendar year, which began March 20.
The amount shows 83 percent increase in comparison to the same period previous year, the IRNA News Agency reported.
By registering the figure, SAIPA has become Iran's largest car exporter.
Middle East, Central Asia, Africa and Central America are among the target markets for SAIPA.
Deputy Industry, Mine and Trade Minister Mohsen Salehinia announced in October that Iran's car exports in the first seven months of current Iranian calendar year, which began March 20, faced 240 percent increase in comparison to the same period previous year.
Saying that Iran plans to export one-third of its annual car output in future, Salehinia went on to note that the is goal is not reachable in near future.
Iran's automobile market is highly protected against imports, allowing import of only 40.000 vehicles last year, despite steadily growing demand mostly met through domestic production of some 1.6 million cars per year.
Currently there are an estimated 14 million vehicles on Iran's roads, more than double of the six million registered in 2005.