About $4.5 billion worth of textile products were smuggled into Iran in the last fiscal year (March 2021-22), according to Abbas Sarshar, a board member of Iran’s Textile Industry Union.
“The figure shows an 18.4% rise compared with $3.8 billion in the year before,” he was quoted as saying by IRIB News.
According to the official, Iran’s textile industry exports $1 billion worth of products every year.
“Machine-made carpets account for close to 90% of this volume,” he added.
About $17-18 billion worth of goods are smuggled in and out of Iran annually, the head of the Headquarters to Combat Smuggling of Goods and Foreign Currencies said recently.
June 01, 2022 20:20
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Textile Products Worth $4.5 Billion Smuggled Into Iran in Fiscal 2021-22
Iran’s textile and clothing supply chain, with more than 7,900 industrial units, 140,000 trade guilds and 1 million workers only in the production sector, continues to be undermined by smuggling
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