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Iran exports $800M worth of agricultural products in 2 months

Business Materials 25 June 2016 14:57 (UTC +04:00)

Baku, Azerbaijan, June 25

By Fatih Karimov – Trend:

Iran exported 955,000 tons of agricultural products worth $802 million during the first two months of current fiscal year (March 20-May 20).

Iran’s agricultural exports increased by 22.5 percent in terms of volume and 4.6 percent in terms of value year on year, the agriculture ministry said.

The agricultural products shared 13.91 percent of Iran’s total non-oil exports’ value.

Horticulture products topped the list of country’s agricultural exports in terms of value with a 43.13 percent share, followed by livestock and poultry (26.5 percent) and farming products (25.7 percent).

Iran plans to export $5 billion worth of agricultural products during the current fiscal year (to end March 2017).

The Islamic Republic exported $3.99 billion worth of agricultural products in last fiscal year (March 2015-2016).

The country exported $6.6 billion worth of agricultural products in the fiscal year to March 2015), meanwhile, agricultural imports amounted to $12 billion during the period.

Agriculture in Iran accounts for about one-fourth of the gross national product and employs about two-fifths of the labor force.

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