Iranian automotive companies exported 2,237 shipments of vehicles, agricultural machinery and auto parts worth $98 million during the 11 months to Feb. 20.
According to the latest statistics released by the Islamic Republic of Iran Customs Administration, the main target market for Iranian vehicles and auto parts is Iraq with 1,904 shipments worth $62 million.
Iraq is followed by Afghanistan with a total value of such exports at $9.9 million. The third largest market for the export of these commodities is Russia. The total value of goods exported to the country stands at $2.6 million.
Iran’s largest automaker, Iran Khodro, is set to expand its presence in the Iraqi market. However, the government in Baghdad has set import tariffs for vehicles at 8-10% and for auto parts at 15%.
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