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Iran’s Knowledge-Based Companies Export More Than $2.5 Billion Worth of Products, Reports IRICA

Tuesday 14 May 2024
Iran’s Knowledge-Based Companies Export More Than $2.5 Billion Worth of Products, Reports IRICA

ALWAGHT- Iranian knowledge-based companies exported more than 3.6 million tons of products, totaling $2.506 billion in value during the preceding Iranian calendar year, as reported by the Islamic Republic of Iran Customs Administration (IRICA).

According to IRICA, knowledge-based companies imported 1.158 million tons of goods, amounting to $5.141 billion, into the country from March 21, 2023, to March 19, 2024.

Approximately 85% of these imported goods originated from China, the United Arab Emirates (UAE), Turkey, Germany, and India.

During the same period, domestic knowledge-based companies exported their products to China, Iraq, the United Arab Emirates, Turkey, and Russia, as per IRICA.

During this timeframe, knowledge-based companies comprised 2.6% of the country's total exports by weight and 5% by value.

IRICA further stated that approximately 80% of the export value of these companies was attributed to advanced materials and products utilizing chemical technologies.

China emerged as the primary purchaser of Iran's knowledge-based products during this period.

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Iran Islamic Republic of Knowledge-Based Companies Export IRICA

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