Exports by Iranian NTBFs top $2.5b: IRICA

Iran’s new technology-based firms exported over 3.6 million tons of products, valued at $2.506 billion in the previous Iranian 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 NTBFs into the country from March 21, 2023, to March 19, 2024, Mehr News Agency reported.
About 85 percent of the goods imported by the knowledge-based companies came from China, the United Arab Emirates (UAE), Turkey, Germany and India, it added.
The domestic NTBFs exported their products to China, Iraq, the United Arab Emirates, Turkey and Russia in the period, IRICA said. Also, the NTBFs 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 percent of the export value of these companies.  
  China was Iran’s first buyer of NTBFs products during the
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