China shares some 92 percent of Iran’s toy market
Azerbaijan, Baku, Oct. 7 / Trend, N. Umid, S. Isayev
China Shares about 92 percent of Iran's toy market, official of the Iranian Institute for the Intellectual Development of Children and Young Adults, Mohammad Hussein Farjou said, Mehr news agency reported.
He went on to note that, home-made toys shares only 5 percent of the market.
Germany, Taiwan and Turkey are among other countries that export various kinds of toys to Iran.
According to the report, Iran imported some $50 millions worth of toys during the solar year which ended on March 20, 2012.
The figure reached $24 millions which indicate a fall by 45 percent during the last solar year (ended on March 21).
Farjou estimated that about 25 percent of toys which are being sold in Iran markets smuggled into the country.
China was among the main exporters of goods to Iran during the first five months of the current Iranian calendar year (March 21-August 22). The country has exported $3.02 billion worth of goods to Iran in that period.
Exports of Iranian goods to China amounted to $2.540 billion in the five month period.
The two countries trade value surpassed $13.6 billion in 2012. Iran's exports accounted for $5.4 billion of that amount.
According to statistics released by Iran's Customs Administration, the two countries' trade value including the oil trade, is worth over $30 billion.