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Legal and illegal imports hold 40% share in Iran’s textile market

Business Materials 16 March 2013 11:45 (UTC +04:00)

Azerbaijan, Baku, Mar.16/ Trend G.Mehdi/

Legal and illegal imports hold 40 percent share in Iran's textile market, ISNA quoted Mehdi Mahmoudi, an official at the association of Iranian textile producers as saying.

The figure was 50-60 percent last year, he said, adding that the fluctuations in the dollar exchange rate have made importers reluctant toward importation.

On March 9, IRNA reported that Iran exported $644 million worth of textile products during the first eleven months of the current Iranian calendar year (March 20, 2012-February 18, 2013).

Textile exports grew by 24 percent compared to the same period of the past year. Machine-made floorings, clothing, and threads were the main exported products.

In October, 2012, Iranian industry ministry official Mehdi Eslampanah said that regional countries as well as the South America are the main targets for Iranian textile products.

More than 9770 industrial units are working in different fields in this regard including textile, clothing, leather and shoes, according to reports.

Carpet, shoes and materials of leather are among the textile products' export to other countries.

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