Tridge summary
Iran's saffron exports exceeded $190 million over the past year, with the majority of the exports going to five countries: Hong Kong, United Arab Emirates, Spain, China, and Afghanistan. These five countries accounted for 79% of Iran's total saffron exports in weight. Iran is one of the world's leading saffron producers, with over 90% of its production being exported. To support the saffron industry, the Iranian government allocated 10 trillion rials (approximately $238.09 million) to saffron producers and processors in the form of bank facilities.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
TEHRAN (Iran News) –Iran’s annual saffron exports exceed $190m. Iranian saffron farmers exported 324.589 tons of products worth over $190 million to 60 foreign destinations during the previous Iranian calendar year (ended on March 20), the spokesman of the Islamic Republic of Iran Customs Administration (IRICA) announced. According to Ruhollah Latifi, over 78 percent of the mentioned exports in terms of value were made to five major customers of the Iranian saffron, IRNA reported. Hong Kong with 74,578 kilograms (kg) worth $46.626 million of imports, the United Arab Emirates with 59,791 kg valued at $33.942 million, Spain with 49,025 kg worth $26.44 million, China with 40,139 kg and a value of $22.504 million, and Afghanistan with 33,781 kg and a value of $19.168 million were Iran’s top saffron buyers in the mentioned period. According to Latifi, the mentioned five countries accounted for 79 percent of the Islamic republic’s total saffron exports in terms of weight. Iran is one ...
Source: Irannewsdaily
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