Iran: Q1 agrifood exports hit $1.2 billion

Published Jul 27, 2021

Tridge summary

In the first quarter of the fiscal year, Iran's agrifood exports reached 2.4 million tons, valued at $1.22 billion, marking a 17.3% increase in weight but a 1.1% decrease in value from the previous year. The main exports were watermelon, pistachio, tomato, apple, orange, milk powder, melon, and cocoa-free sweets, with Iraq, the UAE, Afghanistan, India, China, Russia, Pakistan, and Germany being the primary importers. However, the export of watermelon, which requires a large amount of water, has been criticized due to Iran's water crisis, particularly during a drought that has caused losses worth 670 trillion rials (2.7 billion) to the agriculture sector since the beginning of the current crop year. The decline in precipitation, increased heatwaves, and evaporation have also led to a rise in water shortage across the country, affecting 92% of its area.

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Original content

EghtesadOnline: Agrifood exports stood at 2.4 million tons worth $1.22 billion in the first three months of the current fiscal year (March 21-June 21), registering a 17.3% growth in terms of weight and a 1.1% decline in terms of value year-on-year. The figures were announced by Mehrdad Jamal Orounaqi, the deputy head of the Islamic Republic of Iran Customs Administration for technical affairs, ISNA reported.Iraq with $226.8 million, the UAE with $42.5 million, Afghanistan with $29 million, India with $34 million, China with $27.4 million, Russia with $28 million, Pakistan with $15.9 million and Germany with $13.5 million were the main export destinations.The main Iranian exports were watermelon, pistachio, tomato, apple, orange, milk powder, melon and cocoa-free sweets.Watermelon topped the list of exported goods worth $111.9 million, including $67.8 million to Iraq, $30 million to the UAE and $14.1 million to Russia, Orounaqi added.Expressing his disapproval regarding ...

Source: Eghtesadonline.com