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 ...

Oman Eyes Iran Market Amid Rising Imports
Ithraa, Oman’s inward investment and export promotion agency,...
Luxgen’s S3 is a 5-seater subcompact sedan equipped with a 1.6-liter, 116 hp gasoline engine.
Local company Arman Motor Kavir is set to unveil two imported...
Iran Exim Bank Tapping NDFI Resources
Export Development Bank of Iran–the country's exim bank–is to...
Iran Missing Advantages of Foreign Banks’ Presence
Tehran Chamber of Commerce, Industries, Mines and Agriculture...
Billet and bloom shipments made up the bulk of exports, reaching 1.78 million tons, up 28% year-on-year.
Iran’s semi-finished steel exports during the first seven...
Roadmaps for SSO Recovery
The research arm of the Iranian Parliament has conducted a...
About 1.23 million shares valued at $68.49 million changed hands at TSE on Nov. 22.
Tehran Stock Exchange’s main index gained 564.50 points or 0....
Local producers have often called  on the government to increase import tariffs on tires.
In order to “protect domestic production”, the Industries...