Economy, Domestic Economy
0

Import Data

Import DataImport Data

Over the first 9 months of the fiscal year (March 21st -December 21st 2014), the United Arab Emirates was the main country of origin for imported goods, based on the latest report by the Islamic Republic of Iran Customs Administration (IRICA).

Based on this report, the top 4 imported items to the country are basic goods. There are members of parliament (MPs) criticizing the Rouhani administration for what they call excessive import of basic goods (rice in specific). The criticism comes despite the fact that based on IRICA's report, the import of rice fell over the first nine months of the year compared to the same period last year.   

Based on the report, the main imported goods over the 9 months ending on December 21st are: 1,299 million dollars worth of hard wheat grains, packed corn valued at 1,193 million dollar, rice valued at 1,119 million dollar, 1,003 million dollars of soybean meal and 983 million dollars of motor vehicles.  

Based on the report, the main imported goods over 9 months ending on December 21st are: 1,299 million dollars worth of hard wheat grains, packed corn valued at 1,193 million dollar, rice valued at 1,119 million dollar, 1,003 million dollars of soybean meal and 983 million dollars of motor vehicles.

According to IRICA, over the first 9 months of the current fiscal year (March 21st -December 21st 2014) the top five exporters to Iran were United Arab Emirates (UAE), China, South Korea, Turkey and India. Experts believe that the UAE is playing an intermediary role in trade with Iran. Iran has been under international embargo for years so Iranian businessmen prefer to import their goods in the UAE and then re-export it to the country in order to avoid fines imposed by international sanctions.

 

Financialtribune.com