Home / Knowledge / News / Textiles / Iran's handmade carpet exports sustain momentum
Iran's handmade carpet exports sustain momentum
22
Aug '12
Iran exported handmade carpets worth US$ 116 million during the first quarter of the current Iranian calendar year that began on March 20, 2012, according to the Iran National Carpet Centre.
 
During the quarter, carpets from Iran reached over 50 countries including Germany, Japan and Italy.
 
In spite of being hit by global financial sanctions, Iran’s carpet exports continue to reach the US, through Canada and Mexico.
 
According to experts, Americans are quite used to the Iranian carpet, and hence the sanctions would not have any major impact on the Iranian carpet industry.
 
During last Iranian calendar year that ended on March 19, 2012, Iran shipped handmade carpets worth over US$ 560 million to 80 countries, according to the Customs Administration data.
 
The value of carpet exports increased by 0.8 percent during the period, but the volume of exports plunged 15.4 percent year-on-year.
 
For the current calendar year, the country has set a target of exporting carpets worth US$ 1 billion.
 
Carpets are one of the key non-oil exports of Iran, and hence of vital importance for earning foreign exchange.
 
The Islamic Republic is now also focusing on enhancing carpet exports to the UAE and China.
 
The country is also in talks with Latin American countries for handmade carpet trade.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 21st Feb 2017

Net profit at Indorama Ventures zooms 145% in 2016

Net profit at Thailand headquartered and Aloke Lohia led Indorama...

Information Technology | On 21st Feb 2017

ThreadSol launches IntelloBuy & IntelloCut in Vietnam

ThreadSol, the pioneer of enterprise material management for sewn...

Textiles | On 21st Feb 2017

GST to reduce documentation for logistics firms: CBRE

The Goods and Services Tax (GST) is likely to result in a reduction...

Interviews View All

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search