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Iran intends to increase fishery exports

Business Materials 31 August 2022 16:35 (UTC +04:00)
Iran intends to increase fishery exports
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, August 31. Iran intends to increase the value of annual fish and related products export to $2.4 billion by March 21, 2025, Iranian Deputy Minister of Agriculture Jihad and the Chairman of Iran Fisheries Organization Hossein Hosseini said, Trend reports referring to the organization.

According to the deputy minister, work is underway under the program prepared to increase fish and related products export in Iran.

Hosseini added that Iran exported $556 million worth of fish and related products over the last Iranian year (March 21, 2021 through March 20, 2022). This is an increase of 67 percent compared to the preceding Iranian year (March 20, 2020 through March 20, 2021). The growth is expected to continue for the current year (March 21, 2022 through March 20, 2023).

“Currently, Iran catches and farms an average of more than 1.25 million tons of fish per year. Of this, about 700,000 tons are caught, and more than 550,000 tons are farmed,” he said.

The chairman also noted that more than 80 trillion rials (about $1.9 billion) has been allocated for the development of fishery sector in the country during the past year (August 23, 2021 through August 22, 2022).

“In addition, 75 fishing farms at a cost of 5.3 trillion rials (about $126 million) were launched in the country and 3,250 people were employed,” he pointed out.

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