Domestic Economy

Iran's Q1 Saffron Exports at $38m

Iran's Q1 Saffron Exports at $38m
Iran's Q1 Saffron Exports at $38m

A total 37.64 tons of saffron worth $38.58 million were exported from Iran to 52 countries during the first quarter of the current Iranian year (March 20-July 20), according to the spokesman of the Islamic Republic of Iran Customs Administration.
“Hong Kong with 12.73 tons worth $14.4 million was the main export destination followed by Spain with 9.19 tons and the UAE with 3.48 tons,” Rouhollah Latifi was also quoted as saying by IRNA.
Other customers of Iranian saffron in Q1 were Italy, South Korea, Sweden, France and China, he added.
Latifi noted that 115,000 hectares out of the 122,000 hectares of land under saffron cultivation in the world are located in Iran.


Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment