September 02, 2018 19:51

Consumer Goods See Sharpest Decline Among Q1 Imports

The import of consumer goods saw a year-on-year decline of 25.3% in terms of weight and 26.7% in terms of value, standing at 424,700 tons worth $1.8 billion worth of consumer goods

TCCIM has warned about the decline in the import of intermediate goods, noting that if the current trend were to continue into the next quarter, manufacturing units are likely to suffer serious setbacks

Import of consumer goods declined more than those of other types of commodities in the first quarter of the current fiscal year (March 21-June 21) compared with the similar period of last year.
This was announced by a new report of Tehran Chamber of Commerce, Industries, Mines and Trade, which draws on the Ministry of Industries, Mining and Trade's statistics.
Import of consumer goods saw a year-on-year decline of 25.3% in terms of weight and 26.7% in terms of value during the period under review, standing at 424,700 tons worth $1.8 billion worth of consumer goods.
The import value of consumer goods accounted for 17.1% of total value of imports in Q1. This share was at 21.6% in last year's spring.

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Iran Foreign Trade Statistics