Consumer Goods Account for 14% of All Imports
Consumer Goods Account for 14% of All Imports

Consumer Goods Account for 14% of All Imports

Consumer Goods Account for 14% of All Imports

With around $43.7 billion, consumer goods accounted for 14% of Iran’s total imports over the last fiscal year that ended on March 20, 2017, the head of Trade Promotion Organization of Iran said.
“Intermediate and capital goods constituted the remaining 86%,” Mojtaba Khosrotaj, who is also deputy minister of industries, mining and trade, told a press conference on Monday, as reported by Financial Tribune. According to Mohammad Lahouti, the head of Iran Export Confederation, capital goods accounted for 15% of last year’s overall imports. He said the share of consumer goods in the basket of Iranian imports stood at a staggering 35% the year Hassan Rouhani took office as Iran’s president in 2013.

Short URL : https://goo.gl/ZCyz9v
  1. https://goo.gl/U0Nsu6
  • https://goo.gl/kf1oJA
  • https://goo.gl/b9i6nI
  • https://goo.gl/To5plr
  • https://goo.gl/nyu4xc

You can also read ...

How China Became Iran’s Coziest Trade Partner?
From bilateral trade to finance contracts and civil projects,...
The economy of the Islamic Republic of Iran has been tied to political and foreign affairs developments over the years.
This is the Financial Tribune’s last edition of the current...
Iranian Banking Sector Awaits Full JCPOA Benefits
Iran’s Deputy Foreign Minister Abbas Araqchi addressed various...
President Hassan Rouhani on Sunday spoke to reporters after the last Cabinet meeting of the current year.
President Hassan Rouhani on Sunday outlined his administration...
Iran has more than 37 billion tons of proven mineral reserves and 57 billion tons of potential reserves.
Iran exported more than 58.09 million tons of mineral products...
All-Out Growth in Interbank Market
The Central Bank of Iran has released its latest data on the...

Add new comment

Read our comment policy before posting your viewpoints