68% Rise in Exports to Kuwait

EghtesadOnline: Exports to Kuwait stood at $24 million in the first two months of the current fiscal year (March 21-May 21), registering a 68% growth in terms of value year-on-year, according to the head of Trade Promotion Organization of Iran’s Arab-African Affairs Department.

News ID: ۷۸۶۵۱۸

27 June 2021

Farzad Piltan added that clinker and white cement, fish, iron bars, flint and flooring were the main exported goods, TPO’s news portal reported.

According to Director General of Khorramshahr Ports and Maritime Organization Nourollah Asadi, Iran resumed partial exports to Kuwait in mid-June last year after a three-month hiatus caused by the coronavirus.

Noting that Iranian commodities and food products have a significant share of the Kuwaiti market, Asadi said Tehran has assured Kuwaiti officials that all shipments to Kuwait will comply with health standards.

A new shipping route was launched between the Iranian port of Genaveh and Kuwait in June last year to facilitate maritime exchanges between the two countries.

According to Davoud Bahadori, the head of Genaveh Ports and Maritime Department, the first vessel setting sail on the route carried a 160-ton consignment of food products, fresh fruits and vegetables, loaded in eight refrigerated containers.

"Once the coronavirus restrictions are removed in Kuwait, Genaveh Port will turn into a major export gateway to the Arab neighbor," Bahadori said.