Domestic Producers Taking Over Iran Apparel Market

Apparel production in Iran is thriving these days, thanks to import restrictions and the rising prices of foreign brands.
“More than 277,000 tons of apparel were produced in Iran during the first three quarters of the current fiscal year [March 21-Dec. 21, 2019] to register a 20% rise compared with last year’s corresponding period,” Morteza Mirmohammadi, an official with the Ministry of Industries, Mining and Trade, was quoted as saying by IRNA.
"The share of foreign products has dramatically decreased in the Iranian apparel market due to the ban on imports and rise in foreign currency rates. Domestic producers have gained more motivation to utilize this opportunity and improve the quality of their products,” he added.