Iran’s Knowledge-Based Companies Export over $2.5 bln of Products: IRICA

Iran’s the knowledge-based companies exported over 3.6 million tons of products, valued at $2.506 billion in the previous Iranian calendar year (ended March 19, 2024), according to the Islamic Republic of Iran Customs Administration (IRICA).

News ID: ۸۴۲۰۴۹

14 May 2024

EghtesadOnline: IRICA said 1.158 million tons of goods, valued at $5.141 billion, were imported by the knowledge-based companies into the country from March 21, 2023, to March 19, 2024.

About 85% of the goods imported by the knowledge-based companies came from China, the United Arab Emirates (UAE), Turkey, Germany and India, it added, Mehr news agency reported.

The domestic knowledge-based companies exported their products to China, Iraq, the United Arab Emirates, Turkey and Russia in this period, IRICA said.

In this period, the knowledge-based companies accounted for 2.6 and 5 percent of the country’s total exports in weight and value respectively.

IRICA added that advanced materials and products based on chemical technologies accounted for about 80% of the export value of these companies.

China was Iran's first buyer of knowledge-based products in this period. / Tasnim