,Although the country’s foreign trade authorities have for years emphasized the focus on neighboring markets for exports and referred to it as Iran’s export strategy, but export statistics to 15 neighboring countries show that this strategy has not yet been achieved.
Iran’s exports to 15 neighboring countries show a 47% decrease in value and a 44% decrease in weight in the three months to June this year. The value of exports to 15 neighboring target markets in 12 countries has decreased compared to the same period last year, and the weight of exports has decreased in 10 countries. In total, the export of Iranian goods to 9 countries, both in terms of weight and value, has declined compared to the spring of last year, and we have witnessed an increase in the weight and value of exports in only two countries.
*** Export focus on neighbors
“This year, our main focus is on exports to neighboring countries, and our best potential in this regard is Iraq,” said Hamid Zadboom, deputy minister of industry, mines and trade.
Iraq is Iran’s largest market among its neighbors, but exports to the country fell 37 percent in value and 19 percent in weight this spring compared to the same period last year. Of course, part of this downward trend in exports to Iraq is due to the closure of borders due to the spread of the Crohn’s virus.
“In the first two months of this year, our foreign trade began to peak due to the outbreak of the corona, but exports to Iraq, Afghanistan and Pakistan began to peak in June, so pay attention to bottlenecks and border problems,” Zadboom said. “We have it on the agenda.”
“Iraq has the best potential for exports, given that 71% of our exports in 1999 came from our neighbors’ land and sea borders and focused on our neighbors,” he said. “This year, due to the prevalence of the corona, our non-oil exports fell like the top 20 countries in the world, and we had a 39 percent drop in exports,” said Deputy Minister Samat. But at the Parviz Khan border, we saw a 60% increase in exports, and as we move forward, we see an increase in exports compared to the previous month. “Our country’s export target is $ 41 billion this year as it was last year.”
*** What happens in the 15 target markets?
Estimates of Iran’s exports to 15 neighboring countries this spring show that a total of 3 billion and 715 million dollars worth of goods worth 12 million and 822 thousand tons were exported to these countries during this period, which is a decrease in weight compared to the same period last year. It has decreased by 44% and in terms of value by 47%.
Iraq is Iran’s first and largest target market among its neighbors, with exports to the country experiencing a 19 percent drop in weight and a 37 percent ,drop in value this spring. The UAE is Iran’s second largest export destination. This country is one of the two countries in the list of Iran’s export destinations that bought more Iranian goods this spring than last spring.
Exports to the UAE have grown by both 39% in weight and 8% in value. The weight of exports to Afghanistan, although unchanged from last year, has fallen by 7% in value. Turkey is also the fourth market among Iran’s export destinations, which in the three months leading to June this year has experienced both significant weight loss and significant devaluation. The value of exports, to this neighboring country has decreased by 89% and the weight of goods exported by 94%.
Pakistan also bought fewer goods from Iran during this period than last year, and a 55% drop in value and a 72% drop in exports to this country are proof of this claim.
*** Growth of exports to Russia
But Russia is the second country that has been able to import more than the year before Iran. Compared to the same period last year, Iran’s exports, to Russia recorded a 5% increase in value and a 28% increase in weight.
Exports of goods to Oman have also decreased in terms of both weight and value compared to the spring of last year. The value of exports, to this country in the spring of this year compared to the spring of last year decreased by 10% and the weight of exported goods also fell by 43%.
The eighth export destination of Iran is the Republic of Azerbaijan. This country has also bought fewer goods from Iran than last year, so that compared to the same period last year, we are witnessing a 42% decrease in value and a 56% decrease in the weight of exports, to this country.
Armenia is the ninth export destination of Iran, and this spring we have witnessed a significant drop in weight and value to this country. Exports to this country also decreased by 79% in terms of value and by 77% in terms of weight.
Kuwait is the tenth largest export market in Iran among neighboring markets. Exports, to this country have decreased in value by 31% compared to the same period last year, but in terms of weight, we have witnessed a 13% increase in exports to this country.
*** ۱۰۰% reduction in exports to Saudi Arabia
Kazakhstan is also the 11th export destination of Iran. Exports to the country in the spring of this year in terms of value, grew by 16 percent, but in terms of weight fell by 60 percent.
Qatar is the twelfth largest export market in Iran, which has been able to increase its imports from Iran in terms of weight compared to the same period last year, but in terms of value, we are witnessing a declining trend in exports to this country. The value of exports, to Qatar fell by 53 percent, but the weight of goods exported to the country increased by 20 percent.
Turkmenistan is the 13th largest export destination in neighboring Iran. Exports of goods to this country have experienced a significant drop of 85% in terms of value and a decrease of 56% in terms of weight.
Bahrain is also among the countries Neighbor of Iran is the fourteenth buyer of Iranian goods, which in the spring of this year compared to the spring of last year, we have witnessed a 40% decrease in the value of exports and a 48% decrease in the weight of exports.
At the same time, exports to Saudi Arabia, both in terms of weight and value, have decreased by 100% compared to the spring of last year. In fact, no goods were exported from Iran to Saudi Arabia this spring.
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