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Iran’s car imports see slight rise

Business Materials 31 January 2018 13:39 (UTC +04:00)

Baku, Azerbaijan, Jan. 31‎

By Fatih Karimov – Trend:

Iran imported 58,850 passenger cars during the first 10 months of the current fiscal year (started March 20, 2017), according to the country’s custom administration data.

The figure indicates a rise by 6 percent compared to the first 10 months of the last Iranian fiscal year.

The value of the imported cars amounted to $1.565 billion in the 10-month period, 7.4 percent more year-on-year.

Iran’s car imports reached 57,000 during the first nine months of the current fiscal year.

In the nine-month period, the country imported 25,867 cars with 1,500-2,000 cc engines, worth $660 million, which was 19 and 21 percent more in terms of number and value, respectively, year-on-year.

The country also imported 18,775 cars with 2,000-2,500 cc engines, worth $508.14 million (2.3 percent more year-on-year) in the nine-month period.

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