Despite facing international trade sanctions, Iran has seen a rise in its seafood exports, which reached $228 million in the nine months ending December 2023. This includes 102,352 tons of fishery products, thanks to the growth of the country's aquaculture industry and innovative policies to mitigate the impact of sanctions. While Southeast Asian countries remain the main buyers, there has been a notable increase in shrimp exports to Russia. However, sales to China and the UAE have seen a slowdown.
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Original content
In the nine months ending December 2023, Iran, which boasts the highest production of fishery products of any Middle Eastern country, exported $228 million (€210 million) worth of seafood, according to Iran's Chamber of Industry, Mines and Trade. ). That total included 102,352 tons of fishery products, including 14,036 tons of carp, 10,765 tons of trout and 5,672 tons of flounder, among other products, according to Iranian Foreign Relations and Trade Development Committee spokesman Ruhollah Latifi. Nine-month export volumes and total earnings were higher than the same period in 2022, when the country sold 53,800 tonnes of seafood worth US$94 million (€87 million) to global markets. Iran's seafood exports increased 19 percent by volume to 166,000 metric tons (MT) for the 12-month period ending March 2022, while its exports by value increased 14 percent to US$554 million (€526 million) ). In 2019, Iran exported 143,970 tons of seafood worth US$528 million (then €477.4 million). ...
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