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Iran’s car imports increase by 49%

Business Materials 5 March 2017 14:08 (UTC +04:00)

Baku, Azerbaijan, March 5

By Fatih Karimov – Trend:

Iran imported over 50,290 passenger cars during the first 11 months of the current fiscal year (March 20, 2016-Feb. 20).

Iran’s car imports registered a rise by 49 percent in the period compared to the same period of the preceding year, according to the Iranian Customs Administration.

The country imported $1.277 billion worth of cars during the 11-month period, according to the report.

The Islamic Republic imported 28,575 cars, worth $705 million with engine capacity between1500-2000 cc in the period, which indicates a rise by 70.26 percent year-on-year in terms of value.

Iran also imported 21,715 cars, worth $572.114 million with engine capacity between 2000-2500 cc during the first 11 months of current fiscal year, registering a value rise of 34.4 percent compared to the same period of preceding year.

The Islamic Republic imported 30 million tons of goods, worth $38.415 billion during the first 11 months of the current fiscal year, 3.47 percent more year-on-year in terms of value.

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