From Mar’21, 2023 to Mar’19, 2024, Iran's annual textile exports stood at $560 million while imports soared to $2.2 billion, with fabrics accounting for a substantial portion.
During this period, the country’s exports to Iraq, Afghanistan, and Russia rose to 26 per cent, 18 per cent, and 6 per cent of the total exports, respectively. Kashan Customs Office served as the primary export hub, followed by Mashhad and West Tehran customs.
The UAE, China, and Turkey emerged as the primary exporters to Iran during this timeframe.
Emphasising on the importance of investing in the weaving sector to bridge this gap, Shojaeddin Emami Rauf, Secretary, Association of Iran Textile Industries, suggested that even small investments could significantly reduce imports and boost domestic production. He emphasised that government support for weaving units could stimulate investment in spinning and dyeing, leading to increased exports and currency retention.
According to Emami Rauf, the Iranian textile industry possesses the potential to multiply exports three to four times, provided there is adequate investment and governmental backing.
