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Value of exports from Iran’s Khorramshahr port increases

Business Materials 2 February 2021 14:13
Value of exports from Iran’s Khorramshahr port increases

BAKU, Azerbaijan, Feb. 2

By Elnur Baghishov – Trend:

The exports from the Khorramshahr port in the Khuzestan Province (southwestern Iran) increased by 170 percent during the first 10 months of the current Iranian year (March 20, 2020 through January 20, 2021), compared to the same period last Iranian year, Head of Trade Development Department of the Arvand Free Trade Zone, Mohammad Adibi Kia said, Trend reports citing the zone’s website.

The official emphasized that the goods worth $493 million were exported through the Khorramshahr port over the 10 months.

“The exported products for 10 months were mainly mining materials, fish, steel, construction materials and food products,” he added.

Adibi Kia said that the goods were mainly exported to Iraq through this port.

According to him, at the same time, $185 million worth of equipment and raw materials were imported through the Khorramshahr port within ten months.

The official noted that the imports increased by 16 percent compared to the same period last Iranian year. Thus, certain equipment and raw materials were imported based on the needs of manufacturing enterprises.

Adibi Kia stressed that about $450,000 worth of used goods were supplied by manufacturing enterprises in the Arvand free trade zone. This figure has increased 10 times in this year and is worth more than $4 million.

As reported, $1.27 billion worth of non-oil products were exported from the Arvand free trade zone during the first 9 months of the current Iranian year (March 20 through December 20, 2020). Iran's Arvand Free Trade Zone is located on an area of 37,400 hectares between the cities of Abadan, Khorramshahr and Minushahr in Iran's Khuzestan Province.

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