Domestic Economy
0

Medicinal Plant Exports Exceed $500m

Medicinal Plant Exports Exceed $500m
Medicinal Plant Exports Exceed $500m

Iran exported 336,836 tons of medicinal plants worth $520 million during the 11 months to Feb. 19, Hossein Zeinali, an official with the Agriculture Ministry, said.
The exports witnessed a $70-million rise compared with last year’s corresponding period, IRNA reported.
More than 250 tons of saffron worth $319 million were exported to 48 countries, including Afghanistan, Spain, the UAE, Hong Kong, the Netherlands and the US, during the period.
Medicinal plants worth $160 million were imported during the same period.
Currently, the global trade of medicinal plants stands at $107 billion. The figure is predicted to exceed $450 billion by 2025.
There are 8,000 known species of medicinal plants in the world, 1,728 of which are available Iran.

 

Add new comment

Read our comment policy before posting your viewpoints

Financialtribune.com