Shoe Exports Earn $55 Million

A total of 23,970 tons of shoes worth $55 million were exported from Iran during the first eight months of the current Iranian year (March 21-Nov. 21), registering a 0.1% rise in weight and an 11% decline in value compared with the similar period of last year, according to a board member of Iran’s Society of Shoe Industry Managers and Experts.
“Our exports are mainly shipped to Iraq, Afghanistan, Azerbaijan, Turkmenistan, and Pakistan,” Ali Lashkari was also quoted as saying by the news portal of Tehran Chamber of Commerce, Industries, Mines and Agriculture. 
The official noted that as a result of the foreign currency policies imposed by the Central Bank of Iran since the fiscal 2018-19, the country has been losing its foothold in its export destinations.
CBI mandates all exporters to sell their export earnings at rates lower than market prices. Iran has a multiple foreign exchange system.