Iran’s car import falls by 81%

Iran’s sedan car imports registered a huge fall by 81 percent and stood at 2000 cars during the first three months of the current fiscal year (March 20-June 20).

News ID: ۷۶۷۹۵۵

10 July 2016

According to ILNA, Iran imported $322.74 million worth of cars during the period, 31.4 percent more year on year in terms of value, according to the Iranian Customs Administration’s latest report.

The Islamic Republic also imported $477.12 million worth of cars and car parts in total in the 3-month period.

It should be noted that Iran has banned importing cars with engines up to a 2500CC capacity.

During the first three months of the current Iranian fiscal year Iran exported 27.78 million tons of non-oil goods worth $10.472 billion. In the meantime, Iran imported 7.263 million tons of goods worth $9.1 billion.