46928
Iran’s Apparel Market Worth $11.5b p.a.
Economy, Domestic Economy

Iran’s Apparel Market Worth $11.5b p.a.

The Iranian apparel market is worth $11.5 billion per annum, with imports accounting for $2.5-3 billion of the sum, according to former director of the Association of Iran Textile Industries.
“Currently, close to 1,500 industrial units and 20,000 sales outlets are active in the field, employing 30,000 and 250,000 people respectively.
These units have a nominal production capacity of 340,000 tons and produce up to 300,000 tons of different items of clothing every year,” Mehr News Agency quoted Alireza Haeri as saying.
He noted that Iran’s per capita apparel consumption amounts to $147 per year, which is slightly below the global average of $153.
According to Haeri, China is the world’s biggest exporter of apparel with $185 billion worth of exports annually, followed by member states of the European Union with $120 billion.
“With close to $70 million worth of exports in the field last year, Iran has had a poor performance in the global market valued at nearly $1.5 trillion per year,” he said.

 

Short URL : http://goo.gl/JR8a0F
  1. http://goo.gl/pTIH1z
  • http://goo.gl/ERC2mJ
  • http://goo.gl/FsAvrT
  • http://goo.gl/e6OfUW
  • http://goo.gl/LvcUoh

You can also read ...

German firms, especially those without business links to the US, want to continue their Iran business.
While Germany’s big banks are studiously avoiding Iran-related...
New Rules Allow  Direct Forex Sale
Businesspeople that have validated their purchase orders are...
Iran is the world’s biggest saffron producer and accounts for more than 90% of the global production.
Iran Mercantile Exchange launched saffron futures trading for...
Banking Amendments Approved
The Money and Credit Council approved the Central Bank of Iran...
Iran Khodro Expanding Presence in Iraqi Market
Iran’s largest carmaker, Iran Khodro, is set to export 6,000...
Tesla Admits Model 3 Braking Issue, Promises Fix
Tesla Inc’s Chief Executive Officer Elon Musk admitted on...
Uber Plans Taxi-Hailing  in Japan
Uber Technologies plans to launch its first taxi-hailing pilot...
Prices have been jacked up by car dealers and some makers by 6-22% only in the past few weeks.
Authorities are set to ratify new car prices for models...

Trending

Googleplus