Fifteen neighboring countries account for 70% of Iran's exports

Fifteen neighboring countries account for 70% of Iran's exports
  • 2020-10-12
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Head of Trade Development Organization: In the first half of this year, 15 neighboring countries accounted for 70% of Iran's share of exports, while in 1997, neighboring countries accounted for 55% of exports and in 1998, this figure reached 60%. It was a receipt.

According to the International Iranian Stone Exhibition, Hamid Zadboom stated: "Last year, we had more than $ 24 billion in exports to neighboring countries, and according to studies, there is now a $ 125 billion export capacity to 15 neighboring countries."

He added: "The existing capacity is estimated based on the history of exports of goods and items needed by neighboring countries."

Referring to the 14% drop in international trade, Zadboom added: "Due to the corona situation in the world, the countries that were more involved in the corona and their land borders were closed faced more exports with a decrease."

He emphasized that this phenomenon is also related to Iran: "During this period, our 20 common borders with the countries to which we previously exported were closed and our economy was hit hard."

Referring to the increase in exports to Eurasian Economic Union member states, especially Russia and Kazakhstan during the Corona, the head of the Trade Development Organization continued: "With the reopening of land borders with neighboring countries, exports fell from 50% in April to 34% at the end of the first six months of this year." Receipt.

Explaining the reasons for the large difference in exports and imports, he said: "One of the reasons is the cessation of gas exports to Turkey."

Zadbodam said: "In the first 5 months of this year, our exports to Turkey were 513 million dollars, while in the first 5 months of last year, our exports to this country were 2 billion and 470 million dollars, and this difference of 2 billion dollars due to non-export of natural gas." To this country.

He stressed that another effective factor in reducing exports is the two-month closure of the borders of many neighboring countries on imported goods due to the prevalence of the corona, which is still a restriction on imports to Turkmenistan.

The Deputy Minister of Industry, Mines and Trade added: "In addition, after the opening of the borders, due to the congestion of trucks transporting goods at the borders, we have faced a slowdown in exports, although we may still see this slowdown in some borders."

Referring to the upward trend in the country's exports in the last two months, the head of the Trade Development Organization said: "If the situation of foreign trade and exports continues in the same way, we can hope that the country's exports will increase compared to the first half of the year."

Regarding issues and problems related to exports, Zadboom stated: "The most important challenge for exports to neighboring countries is the commercial infrastructure and border terminals and the lack of proper support for exporters by the country's banking network."

The head of the Trade Development Organization of Iran added: "We in the Trade Development Organization of Iran, with the help of the Chamber of Commerce and the Export Confederation, directed the export support package to solve the problems of border terminals."

Zadboom emphasized: the cohesion of a single command at the borders should be established and this is a determining factor in the development of exports to neighboring countries.

He said that in order to increase trade agreements with other countries, there is a need to achieve a balance in trade.

The Deputy Minister of Industry, Mines and Trade said: "Trade restrictions with countries that have agreements should be reduced and imports should be directed to countries that have more exports."

Zadboom added: "The multiplicity of decisions and directives has damaged foreign trade and this must be organized, which, of course, in the current situation, part of these decisions is due to the special situation of the country and the coronary restrictions and sanctions."

* ILNA