Week in Brief 01.02.2019

Export of Iranian shoes over the past 9 months have been up 46 percent respect to the same period a year ago, announces Iranian Shoe Makers Association of Iran (SMAI).

Most of the exported shoes go to the neighboring countries. Iraq and Afghanistan are the main destinations for Iranian shoes and receive nearly 80 percent of the export.

While exported shoes in this period were worth about 92 million USD, from the weight point of view, export has been up by 70 percent.

“Depreciation of Rial is the main reason for growing export and falling import of shoes”, says Ali Lashkari, Board Member of SMAI.

Iran has imported only 7.4 million USD of shoes in the past 9 months; 72 percent less than imported shoes in the same period last year.

Related article: Iran’s export might drop?