Baku, Azerbaijan, June 5
Trend:
Iran exported $24 million worth of various flowers in the last fiscal year (ended March 20, 2018).
The figure is 9 percent less year-on-year, Iran’s ISNA news agency reported citing official statistics.
The country exported 5,200 tons of various flowers in the one-year period, registering a fall by 6 percent on yearly basis.
The high cost of air transportation, problems regarding the road transport from the place of cultivation to terminals as well as the individual entry of Iranian exporters into global markets and failure to follow a common strategy are the main reasons behind the exports’ fall, according to the report.
Iraq is the main destination of Iranian flowers. Over $11.8 million worth of flowers were exported to Iraq, 49.4 percent more year-on-year.
Vietnam was the second destination with $3 million worth of flower imports, 55.9 percent less on a yearly basis.
Turkmenistan ($2.7 million), Azerbaijan ($1.1 million) and Afghanistan ($1 million) were other top destinations of Iran’s flower exports.
Iran’s flower exports to Turkmenistan witnessed a 35.7 percent fall, while exports to Azerbaijan and Afghanistan registered a rise by 22.2 and 42.9 percent, respectively, year-on-year.