Iran’s services export slightly rise, tourism revenues fall

Business Materials 7 February 2018 13:12 (UTC +04:00)

Baku, Azerbaijan, Feb. 7‎

By Trend:

Iran exported $8,067 million worth of services during the first nine months of the current fiscal year (March 20-Dec. 21, 2017).

Iran’s services exports registered a rise by 2.6 percent compared to the same period of the preceding year, according to the country’s Trade Promotion Organization (TPO).

Iran’s revenues via service exports accounted for $331 million in the ninth Iranian calendar month

The Islamic Republic includes technical and engineering services exports, tourism and transit sector in service sector exports.

Iran’s technical and engineering services export stood at $545 million in the 9-month period, registering a rise by 12.6 percent.

Tourism sector revenues stood at $5,180 million, registering a fall by 3.6 percent year-on-year.

The country’s revenues through transit increased by 17 percent to $2,342 million in the 9-month period.

The railway transit registered highest growth year-on-year by 58 percent and stood at $104.5 million.

The country’s revenues through road transit stood at $1,736 million (a 20 percent increase), followed by air transportation ($298.2 million, a 7.8 percent increase) and marine transit ($203.3 million, a 5 percent fall).

Iran plans to increase the value of the services provided to other countries to $30 billion by 2021.