UAE Biggest Destination for Saffron Exports
Economy, Domestic Economy

UAE Biggest Destination for Saffron Exports

The UAE was the biggest destination for Iran’s saffron exports during the first two months of the current Iranian year (started March 20), accounting for 11 tons worth over $18.6 million out of the 25.5 tons worth more than $32.4 million of overall exports during the period. Spain with 6.69 tons worth $8 million, China with 2 tons worth $3.3 million and Hong Kong with 0.76 tons worth $1.1 million were the next major destinations for the precious Iranian spice, ISNA reported.  More than 350 tons of saffron were produced in the last Iranian year, indicating a 25% increase compared with the previous year, of which about 130 tons were exported.  Area under saffron cultivation increased from 88,000 to 95,000 hectares. Iran is the world’s biggest saffron producer and accounts for more than 93% of the global production.

Short URL : http://goo.gl/naaZnT
  1. http://goo.gl/HkkSmj
  • http://goo.gl/Ni3jb3
  • http://goo.gl/WUTyMH
  • http://goo.gl/llrP7U
  • http://goo.gl/D6psml

You can also read ...

On Sunday, the rial traded at 46,130 to the dollar, up 1.8%. 
With its foreign exchange package now in full swing, the...
Iran-Greece Trade Tops $1.5 Billion
Iran exported more than €1.26 billion worth of goods to Greece...
Telegram Raises $850m From Investors Before Planned ICO
The chat app company Telegram filed documents with the US...
Ban on Contraband Cellphones in Iran Reaches LG
Following the government’s belated policy of curbing cellphone...
Iran Decision on FATF Agenda
The Financial Action Task Force–the global anti-money...
Intel Hit With  32 Lawsuits
Intel has revealed that the company is facing at least 32...
Iran and Turkey finalized the $1.4 billion currency swap agreement.
Iran has signed memoranda of understanding and protocols...
Facebook has to delete all data it has gathered on Belgian citizens.
A Belgian court threatened Facebook (FB.O) on Friday with a...