Domestic Economy

Food Industry Production at $10b p.a

Food Industry Production at $10b p.a
Food Industry Production at $10b p.a

With production worth 2.5 quadrillion rials ($10 billion) per year, Iran’s food industry accounts for around 10% of the country’s overall industrial output, according to deputy minister of industries, mining and trade, Mehdi Sadeqi Niyaraki.
“Iran has more than 8,700 active production units in the field of foodstuff, which have created around 370,000 jobs across the county,” he was quoted by IRNA as saying.
The official added that during the past few years some 2 million tons of different kinds of foodstuff worth nearly $3 billion were exported per year.
Latest available data show a total of 4.5 million tons of agricultural products worth $3.1 billion were exported from Iran during the first seven months of the current fiscal year.
The numbers indicate 26% and 13.86% growth in terms of tonnage and value respectively compared with the same period of last year, Exim News reported quoting Mehrdad Jamal Orounaqi, deputy head of the Islamic Republic of Iran Customs Administration as saying. 


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