Textile Imports Hit $1b p.a.

A total of 900 million square meters of textiles worth $1 billion are imported annually, according to a member of the board of directors at Textile Industries Association.
“Close to 3.6 billion square meters of different kinds of textiles are consumed in the country per year, some 2.7 billion square meters of which are produced domestically and the rest is imported,” Amin Moqaddam was also quoted as saying by IRIB News.
The official noted that the Iranian textile industry needs investment to be able to continue meeting the local demand, adding that if investments expand to machinery and production lines, the country will be able to export its products.
He added that massive volumes of contraband textile enter the country every year and hamper local production.