News & Reports News Year 2010 December , 2010 Transit of goods via Iran on rise

Transit of goods via Iran on rise

1

The managing director of Trade Promotion Organization of Iran says the transit of goods to other countries via Iran has had a huge increase.

Hamid Safdel said in a conference on Friday that the amount of goods transferred through Iran to other countries increased 38 percent in the first eight months of the current Iranian calendar year (March 21 to November 21).

“About seven million tons of goods were transited via Iran in the said time span, marking a 53 percent growth in terms of weight compared to the corresponding period of the last year,” IRNA quoted Safdel as saying.

He went on to say that the transit of goods via Iran has been increasing during the past few years, noting that about seven million tons of goods worth $24.6 billion were transited abroad in 2009, which indicates an increase of 19 and 28 percent in terms of weight and value compared to 2008.

He named China, Turkmenistan, Uzbekistan, Turkey and the UAE as the countries with higher amounts of goods transited via Iranian territories last year, saying, “About 57 percent of the goods transited via Iran belonged to these countries.”

Elsewhere in his remarks, Safdel said according to the reports of the International Monetary Fund, Iran's gross domestic product (GDP) in 2009 was $343 billion, noting that the value of goods transited via Iran last year was about $25 billion, which means the transit sector constituted about seven percent of the GDP last year; therefore, it is quite significant and clearly hints at the importance of the sector in generating income for the country