Domestic Economy

Furniture Exports Rise 290% to $75m in Fiscal 2019-20

Furniture Exports Rise 290% to $75m in Fiscal 2019-20Furniture Exports Rise 290% to $75m in Fiscal 2019-20

A total of $75 million worth of furniture were exported during the last Iranian year (March 2019-20), registering a whopping rise of 290% compared with the previous year, according to the head of Furniture Manufacturers and Exporters Union.
“Our main export destinations over the period were Oman, Qatar, the UAE, Iraq, Afghanistan, Azerbaijan, Tajikistan and Armenia,” Hassan Ahmadian was quoted by Fars News Agency as saying. 
The official noted that the business, already in doldrums due to the troubled economic circumstances of Iranian households, was hit hard after the outbreak of the novel coronavirus pandemic.
“The pandemic broke during the month leading to Norouz, the Iranian new year [started March 20], which is the time people think of refurbishing and redecorating their homes. The furniture sector gains a considerable amount of its revenues during this period. But this year our outlets were closed down and people were reluctant to make purchases.”  


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