Export rate of Iran’s Markazi Province exceeds 160%

Business Materials 25 February 2019 16:04 (UTC +04:00)

Baku, Azerbaijan, Feb. 25

By Elnur Baghishov – Trend:

Product export rate for the Markazi Province in central Iran rose by 160 percent (when compared to import rate) during the current Iranian year (started March 21, 2018), Esmaeil Hosseini, head of Markazi Customs Administration, told IRNA, Trend reports.

Hosseini said that $910 million worth of goods were exported from the beginning of this year through the customs points of the Markazi Province, which brought in a revenue of $350 million.

"Export of goods from Markazi Province has increased by 6 percent in terms of weight and 3 percent in terms of value," he said.

Hosseini went on to say that the main products exported through the Markazi customs include various hydrocarbons, light polyethylene, polypropylene, heavy polyethylene, fruit juice, glass and crystal glass and chips, adding that the products are being exported to 80 countries, including Iraq, Afghanistan, Pakistan, Turkey, Turkmenistan, Azerbaijan, Georgia and Bulgaria.

The customs official pointed out that imports of goods increased by 38 percent in terms of value and by 12 percent in terms of weight during the said period.

"Various equipment and production equipment have been among the main imports," he said.

Hosseini said that exports for this year have been estimated to be at $1 billion, adding that this figure is set to increase, and predicted that, should the conditions improve, exports will increase by $1.3 billion next year (begins March 21, 2019).

The Markazi Province, consisting of 12 counties, has a population of 1.41 million and is considered one of the industrial and agricultural centers of Iran.