Iran’s Knowledge-Based Companies Export over $2.5 bln of Products: IRICA


TEHRAN (Tasnim) – Iran’s the knowledge-based companies exported over 3.6 million tons of products, valued at $2.506 billion in the previous Iranian calendar year (ended March 19, 2024), according to the Islamic Republic of Iran Customs Administration (IRICA).

IRICA said 1.158 million tons of goods, valued at $5.141 billion, were imported by the knowledge-based companies into the country from March 21, 2023, to March 19, 2024.

About 85% of the goods imported by the knowledge-based companies came from China, the United Arab Emirates (UAE), Turkey, Germany and India, it added, Mehr news agency reported.

The domestic knowledge-based companies exported their products to China, Iraq, the United Arab Emirates, Turkey and Russia in this period, IRICA said.

In this period, the knowledge-based companies accounted for 2.6 and 5 percent of the country’s total exports in weight and value respectively.

IRICA added that advanced materials and products based on chemical technologies accounted for about 80% of the export value of these companies.  

  China was Iran's first buyer of knowledge-based products in this period.