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Handmade Carpet Exports Exceed 40% in 2 Months

Jul 18, 2018, 11:56 AM
News ID: 25855

EghtesadOnline: Iran exported 594 tons of hand-woven carpets worth $33.7 million during the first two months of the current fiscal year (March 21-May 21), registering an increase of 40.9% and 10.1% in tonnage and value respectively compared with last year’s corresponding period.

The Ministry of Industries, Mining and Trade’s official news service Shata also reported that exports of Persian hand-woven carpets to the US alone during the two months witnessed a huge increase of 143% and 59.6% to hit 206 tons worth $9.1 million respectively. The US has recently banned carpet imports from Iran. Deputy Industries Minister Sadeq Najafi said exporters should now focus on alternative markets such as Germany, Russia and Oman. Iran exported more than $400 million worth of carpets in the last fiscal year (March 2017-18), indicating an 18% increase compared with the year before, according to Financial Tribune.