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Iran's textile exports to reach US$ 1.1bn in 2013-14: AITI

30 Oct '13
1 min read

The exports of textiles from Iran during the current Iranian calendar year that started on March 21, 2013, would reach US$ 1.1 billion, according to the Association of Iran Textile Industries (AITI), Tehran Times reported.
 
Iran’s textile exports would touch US$ 1.1 billion in the Iranian calendar year, Alireza Hayeri, secretary of AITI, said on the sidelines of the 19th International Exhibition of Textile, Raw Materials, Home Textiles, Embroidery Machines & Textile Products (IRANTEX 2013) in Tehran.
 
Around 132 Iranian companies and 92 foreign companies from 14 countries—India, China, South Korea, Taiwan, Spain, Italy, Turkey, Pakistan, Germany, Greece, Singapore, Switzerland, Japan and Finland—are showcasing their latest textile products and technology at the 4-day event.
 
The fair, which would continue till October 31, is being organized by Tehran-based Samee Paad Novin Co.
 
During the first four months of the current Iranian calendar year, Iran’s textile exports reached US$ 221.1 million, with fibre, fabric, garments, machine-made floorings and threads topping the export list during the period.
 
However, textile imports by Iran exceeded its exports during the four-month period and were valued at US$ 379.7 million. Various types of threads and fibres constituted around 77 percent of these imports.
 

Fibre2fashion News Desk - India

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