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Essential Goods Import Value Registers 60 Percent Surge

The import of essential goods accounted for 75% of the tonnage and 38% of the value of total imports during the current Iranian year’s first 11 months (March 21, 2021-Feb. 19)
Essential Goods Import Value Registers 60 Percent Surge
Essential Goods Import Value Registers 60 Percent Surge

A total of 27.61 million tons of essential goods worth $17.53 billion were imported during the current Iranian year’s first 11 months (March 21, 2021-Feb. 19), registering a 28% and 60% rise in weight and value respectively compared with the similar period of last year, according to the spokesperson of the Islamic Republic of Iran Customs Administration.
Also known as necessity or basic goods, essential goods are products consumers will buy, regardless of changes in income levels. 
“The import of essential goods accounted for 75% of the tonnage and 38% of the value of total imports during the period under review,” Rouhollah Latifi was also quoted as saying by Mehr News Agency.

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