Razavi Khorasan Province export declines

Business Materials 17 August 2022 10:27 (UTC +04:00)
Razavi Khorasan Province export declines

TEHRAN, Iran, August 17. Trade between Iran's Razavi Khorasan Province and neighboring countries has declined during the first four months of the current Iranian year(started March 21,2022), the chairman of Razavi Khorasan Exporters Union Hossein Roshanak told Trend.

Statistics show exports volume from many Iranian provinces has increased in this period but Razavi Khorasan had a drop in exporting its products to neighboring countries such as Afghanistan and Pakistan, he pointed out.

He underlined the Increase in export across the country was mostly from the export of oil, mining, and petrochemical products mostly produced by public and semi-public factories.

Razavi Khorasan Province does not have oil and mining facilities, while neighboring countries of Afghanistan and Pakistan are not interested in importing oil products from the province, he explained.

Referring to the province export problem, Roshanak indicated that businessmen of Razavi Khorasan province generally export goods at doubled prices, and many destination countries are not interested to buy a commodity with a price higher than global markets.

Export of cake and cookies that are the province's special products has been suspended due to the elimination of flour subsidies by the government, he said adding that exporters of these items can not compete with other markets

According to the official, another reason for the decline in export is the high export rate of saffron which is one of the most important products of the province, and the rising rates have led to increase in smuggling.