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Iran shares data on corn import

Business Materials 7 April 2022 13:43 (UTC +04:00)
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, April 7. Iran imported a total of 9.8 million tons of corn worth $3.4 billion under the official exchange rate of the country ($1 USD - 42,000 rials), over the last Iranian year (March 21, 2021 through March 20, 2022), Deputy Director of Islamic Republic of Iran Customs Administration (IRICA) Foroud Asgari said, Trend reports citing the administration.

The official noted that Iran’s corn imports increased by 35 percent in value, while decreasing by 1 percent in volume, compared to the preceding Iranian year (March 20, 2020 through March 20, 2021).

“In total, Iran imported 26.9 million tons of essential goods, including, wheat, corn, barley, oilseeds, compressed soybeans, medicines, medical equipment and supplies, and etc. worth about $15.1 billion under the official exchange rate of the country ($1 USD - 42,000 rials), over the last Iranian year (March 21, 2021 through March 20, 2022),” he added.

According to Asgari, this is an increase of 75 percent in value and 33 percent in volume, compared to the same period preceding the Iranian year.

“So, Iran has imported 7 million tons of wheat worth $2.4 billion for the reporting period, which is an increase of 197 percent in value, and 135 percent in volume, compared to the preceding Iranian year,” he said.

The deputy director stressed that Iran also imported 3.3 million tons of barley worth $1 billion last Iranian year, which is an increase of 116 percent in value and 79 percent in volume, compared to the preceding Iranian year.

Asgari also said that Iran imported 2.6 million tons of oilseeds worth $1.62 billion, which is an increase of 31 percent in value, while a decrease of 1 percent in volume, compared to the preceding Iranian year.

“In addition, Iran imported 1.95 million tons of various cooking oils worth $2.7 billion within the mentioned period. This is an increase of 138 percent in value and 55 percent in value, compared to the preceding Iranian year,” he pointed out.

According to the official, Iran imported 2.32 million tons of compressed soybeans worth $1.27 billion last Iranian year, which is an increase of 60 percent in value and 28 percent in volume, compared to the same period last Iranian year.

Asgari also pointed out that Iran imported 22,200 tons of medicines, medical equipment and facilities worth about $2.6 billion last Iranian year, which is an increase of 58 percent in value and 45 percent in volume, compared to the same period last Iranian year.

The deputy director emphasized that in total (both via the official exchange rate and the NIMA system exchange rate), Iran imported 30.9 million tons of essential goods worth about $19.6 billion within the last Iranian year, which is an increase of 60 percent in value and 32 percent in volume, compared to the same preceding Iranian year.

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