Domestic Economy

15% Rise in Imam Khomeini Port Operations

15% Rise in Imam Khomeini Port Operations
15% Rise in Imam Khomeini Port Operations

Unloading of non-oil products at Imam Khomeini Port in southwestern Khuzestan Province increased by 15% in the month leading to April 19 to reach 1.79 million tons.
“A total of 30 container ships carrying more than 1.74 million tons of essential goods, including animal feed, docked at Imam Khomeini Port during the one-month period,” director general of Khuzestan Ports and Maritime Organization, Adel Deris, announced.
To help regulate the market during the holy month of Ramadan, more than 1.42 million tons of essential goods were shipped from the port to several destinations across the country via road and rail, he was quoted as saying by Fars News Agency.
Imam Khomeini Port is the main hub for importing essential goods in Iran.
A total of 25.09 million tons of essential goods worth close to $15.5 billion were imported into Iran during the last fiscal year (March 2019-20) to register a 20.77% and 17.13% increase in weight and value respectively, compared with the year before, according to the spokesman of the Islamic Republic of Iran Customs Administration, Rouhollah Latifi.
This volume of essential goods imports accounted for close to 71% and 35% of the volume and value of last year’s total imports respectively, the official was quoted as saying by ISNA.
“The imported essential commodities included wheat, sugar, corn, rubber, barley, processed tea, rice, seeds, red meat, soybeans, pulses, paper, fertilizers and industrial machinery,” he added.
Also known as necessity goods, essential goods are products consumers will buy, regardless of changes in income levels.

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