A glance at Iran’s food industry performance

Baku, Azerbaijan, Nov. 7

By Fatih Karimov– Trend:

Food industry is one of the biggest employer sectors in Iran, with a 17 percent share of the total industrial jobs in the country.

Following the removal of international sanctions, the Iranian entrepreneurs now have an eye to foreign markets.

The Iranian administration, for its turn, encourages export of agricultural products, amid all concerns about the water shortage and disappointing horizon of country’s water reserves.

Iran has 50 million hectares of farms, of which 20 million hectares are under cultivation. Over 100 million tons of food products are produced in the country annually.

Reportedly over 11,200 food industry unites are active across the country.

Iran’s food products’ export was in rise following the removal of the international sanctions in 2016. The Islamic Republic exported over 1.18 million tons of food products, worth $2.7 billion during the last fiscal year(ended March 20), 8 percent more year on year in terms of value.

The country’s food products’ exports in the first half of the current fiscal year (March 20-Sept. 21) witnessed a rise by 12 percent as well, according to, Mehdi Karimi Tafreshi, the head of the board of directors at Iran’s Food Producers Cooperative.

According to Tafreshi, Iran has the capacity to double its annual food product exports to $5 billion.

Iran’s food products is exported to some 80 countries including Persian Gulf states, Central Asia, Russia, and even European and American countries, he said, adding that Iraq and Afghanistan are main destination of Iranian food products.

Iran annually exports $900 million worth of food products to Iraq, equal to 15 percent of the country’s overall imports, according to Tafreshi.

The Islamic Republic has also taken successful steps in export of food products to Russia. Tehran’s food exports to Russia increased by $140 million during the first half of the current fiscal year to $450 million.

The Islamic Republic currently exports dairy products, dried fruits, fruits and vegetables, raisins, canned food and sweets to Russia, Tafreshi said.

He belives that high price of Iranian food products is a disadvantage for the country, which tries to increase its share from Russian market.

Tafreshi noted that the Iranian government must allocate subside for Iranian food producers and help them to decrease transportation costs.

Experts refer to shortcomings in banking ties as a main obstacle in boosting mutual tade between Tehran and Moscow.

Business magnate and a member of Tehran trade chamber, Asadollah Asgaroladi, also refers to the issue of transportation, saying there is a need for air cargo carriers as dairy products expire soon.

Dairy products had the biggest share in Iran’s food exports, standing at 387,000 tons worth $634 million in last fiscal year.

Besides dairy products, Sweets, chocolate, biscuits and similar products as well as tomato paste, oils, juices and fruit concentrates, compote and canned food, mineral water and pasta are other top Iranian exported products in the food sector.

Iranian officials say that the country’s annual agricultural products stand at 120 million tons, worth $80 million.

The figure includes 82 million tons of crops, 20 million tons of horticultural products, 14 million tons of livestock and over one million tons of fishery products.

Ashgabat City Telephone Network opens tender for audit
Ashgabat City Telephone Network opens tender for audit
AzerGold CJSC opens tender to organize testing laboratory for ore deposit
AzerGold CJSC opens tender to organize testing laboratory for ore deposit
Uzbekistan’s State Tax Committee announces tender for IT services
Uzbekistan’s State Tax Committee announces tender for IT services
Loading Bars
Azerbaijani, Russian FMs hold telephone conversation
Iran ranked among states with high efficiency turbine tech.
Kyrgyz ambassador and Secretary of Senate of Pakistan discuss inter-parliamentary cooperation
Restrictions mulled for New Year celebrations amid COVID-19 outbreak in Turkey
Georgian FM meets with Polish counterpart in Warsaw
Protesters in Yerevan demand Pashinyan's resignation (VIDEO)
Pfizer-BioNTech seeks full marketing approval from UK for COVID-19 vaccine
Kazakhstan eyes attracting latest US technologies in soybeans processing
Kazakhstan's Zhambyl to reduce energy-dependence by attracting investments in renewables
Germany reports record 487 COVID-19 deaths in 24 hours
Belarus reports 1,689 new COVID-19 cases, 139,908 in total
Azerbaijan eyes to use potential of liberated lands for fishery development
UN office announces agenda of special session of General Assembly on COVID-19 initiated by Azerbaijani president
Additional assets brought for Russian peacekeeping contingent delivered - Azerbaijani MoD (PHOTO)
Azerbaijan gains brilliant victory by liberating its lands - Chairman of National Congress of Azerbaijanis of Georgia
Azerbaijani Defense Ministry expresses condolences to Iranian side (PHOTO)
Deposit liabilities of Georgian banking system decreases month-in-month
Phase 3 of OPEC+ could lead to immediate fall in oil prices
Azerbaijan reveals TOP-10 private non-oil exporters
Iranian Energy Exchange announces products to be on sale on December 5
Azerbaijani banks to fully сancel loan debts of martyrs' families
Lending by Georgian commercial banks down
Iran reveals forecast for oil sales for next year
Lari depreciation remains one of leading factors in Georgian debt growth
Georgia decides to ease entry regime for its citizens
Aztelekom LLC announces tender for purchase of electronic spare parts
Bentley hires jets to fly car parts to Britain during Brexit
National Bank of Georgia reveals volume of international reserves
Georgia sees increase in overdue debt
Uzbekistan, Afghanistan eye to achieve twofold growth in trade
Russia discloses volumes of agricultural products supplied to Georgia
Azerbaijan's State Security Service prosecutes Lebanese terrorist mercenary (VIDEO)
Ashgabat City Telephone Network opens tender for audit
EU extends relief measures for COVID-hit loans to March
Turkmenistan expands international cooperation through environmental diplomacy
Iran expands mobile phone imports
Azerbaijani Clean City OJSC signs tender contract
Israel expects $220 million in non-defence trade with Bahrain in 2021
Azerbaijan determines damage inflicted by Armenia on Fuzuli, Jabrayil districts
Turkey to continue providing all kinds of assistance to Azerbaijan - Turkish Minister of National Defense
Iran’s Bahar Azadi gold coin price still rising
Employment increases in Iran's Sistan and Baluchestan Province
Azerbaijan reduces lead exports
Investment in tourism transport infrastructure to help dev’t this sector in Turkmenistan - UNWTO
Georgia expects to start adoption of Oil Stockholding Act soon
Iranian president declares budget revenues for next year
Uzbekistan’s Agrobank to fund entrepreneurial activity under Islamic sharia law
Tightening of quarantine regime may be inevitable - TABIB
Iran expects increase of budget revenues
Georgian CEC to summarize final results of parliamentary elections on December 3
COVID-19 pandemic to displace business class cars from car rental market
Azerbaijan unveils data on local insurers' fees for 10M2020
Building for Turkish-Russian joint monitoring center under construction - Turkish Minister of National Defense
Georgia cultivates significant amount of land to combat marble bugs
Uzbekistan’s Tashkent registers largest number of private enterprises
Tourism can help protect, promote Turkmenistan’s culture - UNWTO
Volume of sales through Azexport portal continues to grow
New electricity facilities to be put into operation in Iran
Japanese agency funds project aimed at improving locust control in Uzbekistan
Georgian oil company trying to contain fuel price rise
Uzbekistan, Germany in talks over partnership with EU
Value of OIC states' import from Turkey shows decline
Azerbaijan's non-oil exports via 'Single Window' system increase
SOCAR Polymer remains export leader in Azerbaijan's private sector
Georgia aims to transpose renewables acquis
Kazakhstan's crude petroleum oil exports to Greece plummet
Construction of Kerki airport passenger terminal being completed in Turkmenistan
Azerbaijan's AzerGold becomes one of export leaders in public sector
Trilateral statement on Karabakh to contribute to long-term peace in region - Kazakhstan's President
Kazakhstan discloses volume of doses to be produced by COVID-19 vaccine plant
ASTS+ trading, clearing system to up productivity of Kazakhstan Stock Exchange
Azerbaijan announces recent COVID-19 death rate
Iran reveals its COVID-19 data for December 2
Azerbaijan presents video footage from Lachin's Garygyshlag village (VIDEO)
Oil prices steady as market awaits output deal
Iran's export to Afghanistan increases
Prices of Kazakh-manufactured diesel fuel down
Azerbaijan's October 2020 non-oil exports slightly rise
Expenses on construction of enterprises in Iran’s Semnan Province climbs
Resources from Southern Gas Corridor to be available via Serbian-Hungarian pipeline
Iran's non-oil export has increases
Iron ore concentrate production of giant Iranian steel companies grows
Events in Belarus, Nagorno-Karabakh region, Kyrgyzstan complicate situation in CSTO area – Putin
Turkmenistan working on development of infrastructure for gas export
Uzbekistan’s State Tax Committee announces tender for IT services
Azerbaijan confirms 3,942 new COVID-19 cases, 2,265 recoveries
Azerbaijan shows video footage from Soyudlu gold deposit of Kalbajar district (VIDEO)
Turkish companies involved in construction of new road to Azerbaijan’s Shusha (Exclusive)
Georgia aims to introduce mobile virtual network operators in 2021
Georgian 2021 budget bill calls for issuing new Eurobonds
Turkmenistan to conclude technical inventory of companies involved in fuel, energy sector
Details of Iran's budget for next year announced
Azerbaijan's oil fund discloses 11M2020 value of revenues from ACG oil-gas fields block
Kazakhstan to develop soil and geobotanical maps for its agriculture lands
SOFAZ's incomes from sale of condensate produced in Shah Deniz remain unchanged
Kazakhstan increases imports from Vietnam despite COVID-19 restrictions
Stability in South Caucasus very important for Turkey - FM
Baku Stock Exchange auctions notes of Central Bank
Azerbaijan, Turkey to establish first Hi-Tech Park in Karabakh
UNDP provides Georgia with protective gear to fight COVID-19
All news