Mobile phone imports hit an all-time high and ranked among the top ten most imported items into Iran, during the last Iranian year which ended in March.
According to the annual report released by Islamic Republic of Iran Customs Administration, 3,224,617 handsets worth $528 million were brought into Iran through legal channels, indicating a 112% year-on-year increase in terms of value—accounting for 0.97% of the country’s imports bill.
Cell phone imports landed at the 9th spot in the country’s most imported items during the twelve months to March 20, while it had been ranked 13th a month before, showing an exponential hike.
Market observers are of the opinion that the Registry Scheme implemented in the second half of the last Iranian year made smuggled phones a thing of the past, leading to the surge in imports.
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