(Persia Digest) – The Association of Iranian Shoe Industry has announced a 46 percent rise in exports and a 72 percent drop in imports of shoes in the first nine months of the Iranian calendar year. He named Iraq and Afghanistan as the main export destinations of shoes from Iran.
Ali Lashkari stated: “Shoes worth USD 91.7MM were exported over the nine-month period, showing a YOY growth of 46.2 percent worth USD 62.7MM.”
Speaking about a 69 percent increase in the weight of exports in the current year, he said: “Exports of shoes had dropped in value and weight by 11.7 and 7.2 percent respectively in the first nine months of 2017 as compared to a similar period in 2016.”
He added: “A drop in the value of the rial as compared to the dollar is one of the main reasons for a spike in exports and a drop in imports.”
Lashkari also mentioned a 72 percent drop in the value of imported shoes to Iran, saying: “Approximately USD 7.4MM worth of shoes were imported to Iran in the first nine months of the current Iranian calendar month as compared to USD 26.4MM last years.”
He added: “In the first nine months of last year, the import of shoes in terms of value and weight had increased by 146 and 71 percent respectively as compared to a similar period in 2016.”
The figures do not include the smuggling of shoes because, according to Lashkari, customs statistics for the import of shoes last year were equal to USD 38.9MM; according to global statistics, shoe exports to Iran were worth USD 266MM.
This Board Member of the Association of Iranian Shoe Industry wrapped up by saying that Iran mainly exports to neighboring countries, adding: “Around 80 percent of Iran’s show exports are destined for Iraq and Afghanistan.”
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