Textile products weighing 9,500 tons and worth $23.5 million in value were exported by Iran during the first six months of the current Iranian calendar year, from Mar 20-Sep 21, 2024, as per data from the Islamic Republic of Iran Customs Administration (IRICA).
The data shows, Iran registered a 7 per cent rise in the value of its textile exports and 8 per cent growth in the volume of textile shipments during this period compared to the same period last year. Over the years, Iran has made significant improvements in the quality of textile exports to meet rising global demand.
Advancing textile exports is a part of Iran’s broader strategy to diversify its economy and reduce dependence on oil revenues. By strengthening its textile sector, the country aims to boost foreign exchange earnings and create more job opportunities in labor-intensive industries. Encompassing fabrics, garments, and related products, the textile sector continues to be one of the country's key non-oil export contributors.
To boost Iran’s position in the global textile market, Iranian authorities encourage manufacturers to enhance its production efficiency and product quality. The country continues to modernise production processes and foster stronger trade relationships to continue expanding its textile exports in the coming years.
