Economy, Domestic Economy

Apparel Smuggling at Over $940m

Apparel Smuggling at Over $940m Apparel Smuggling at Over $940m

Iran’s official apparel imports in the last Iranian year (March 2017-18) stood at around $59 million, while statistics from the International Trade Center suggests apparel entering the country reached $1 billion during the period, the head of Trade Promotion Organization of Iran said.
“The staggering difference between the figures indicates the high volume of smuggling ($941 million) last year,” Mojtaba Khosrotaj added, noting that there are also other methods to calculate the volume of illegal imports, which could reveal bigger numbers, Fars News Agency reported.


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