Iran’s Persian rug exports moved up 7.3% y/y across the first four months of the Persian calendar year (started March 21), the Islamic Republic News Agency reported on August 16.
Though not connected with any government agency and usually set in villages around the country, Persian rug production was directly targeted by US sanctions during 2011-15, with many Iranians lamenting the inclusion of the industry in such politics.
According to the latest figures released by the National Carpet Center of Iran, the Islamic Republic exported $89mn worth of Persian rugs in the first third of the Iranian year.
Prior to the introduction of the nuclear sanctions, the US was a major export destination for the handmade rugs, accounting for 16.5% of the export market. Since rugs were removed from the US sanctions list in February last year, much headway has been made in rebuilding that particular export market.
The main export destinations also include European Union member states, the United Arab Emirates, Qatar, South Africa, Australia and Japan.
Each year, Iran produces around an estimated 3mn square metres of handmade Persian rugs. A substantial amount of that total is produced in central Iranian regions.
Related Articles
Iran prohibits transfer of banking payment instruments to third parties
Iran has banned the transfer or permission to use bank deposits and other payment instruments, mobile banking and internet banking services belonging to customers to third parties, under executive ... more
UN says Iran aid budget needs to double post-war as Afghan exodus increases
Stefan Priesner is the UN resident coordinator in Tehran, the UN's most senior official in the country, has said the organisation's humanitarian and development aid budget to the country would need ... more
Iran casts doubt on fragile ceasefire with Israel, warns of renewed response
Iran’s recently-installed Chief of Staff of the Armed Forces, Abdolrahim Mousavi, has voiced strong doubts over Israel’s commitment to the ceasefire that ended the recent 12-day war, warning that ... more
Most Read
-
Putin to skip Rio BRICS summit over ICC warrant as Xi signals no-show
10 days ago
-
Turkey yet to prove rare earth deposit has suggested “giant” potential despite reported processing talks with China
10 months ago
-
Uproar in Mongolia as development bank reveals scale of risky loans and NPLs
3 years ago