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25% Rise in Foreign Transit Through Iran

25% Rise in Foreign Transit Through Iran
25% Rise in Foreign Transit Through Iran

Around 6 million tons of foreign goods transited through Iran in the first five months of the current fiscal year (March 21-Aug. 22), registering a 25% year-on-year rise, according to the Islamic Republic of Iran Customs Administration.
The transit volume in the fifth month of the year (July 23-Aug. 22) stood at 1 million tons, registering a 3% YOY increase.
Shahid Rajaee Special Economic Zone registers the highest volume of transit traffic among Iran’s border terminals.
With 12 wharfs, Shahid Rajaee is Iran’s biggest container port, accounting for 90% of the country’s total container throughput. Over half of Iran’s commercial trading is carried out at Shahid Rajaee Port, which is located 23 kilometers west of the port city of Bandar Abbas, the capital of Hormozgan Province.
Iran reportedly earns $150 and $50 for each ton of transit goods via road and railroad respectively. 
The government says it is aiming to reach 20 million tons in foreign transit by the end of the current Iranian year (March 2023).
 

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Financialtribune.com