Domestic Economy
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Mining Machinery Imports Fail to Meet Domestic Need

About $141 million worth of mining and road construction machinery were imported into Iran in the fiscal 2021-22 (ended March 20)
Mining Machinery Imports Fail to Meet Domestic Need
Mining Machinery Imports Fail to Meet Domestic Need

Iran’s import of mining machinery is minimal compared to the global average.
A total of $34.5 million of mining machinery were imported to Iran during the first four months of the current fiscal year (March 21-July 22), registering a 3.2% rise compared with last year’s corresponding period.
According to the latest report released by Tehran’s Chamber of Commerce, Industries, Mines and Agriculture, about $19 million of the total sum pertained to import of used excavators, registering a 600% year-on-year rise.

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