Iran’s manufacturing exports reached a total of $4.09 billion in the 11 months to February 19, according to figures provided by Ministry of Industry, Mine and Trade.
The figures covered in a report by ISNA showed that manufacturing had accounted for 9.6% of Iran’s non-oil exports over the same period.
Shipments rose to 112 million tons, accounting for 3.4% of the total volume of exports, said the report.
Polymer products, clothing and chemicals were responsible for 60% of Iranian manufacturing exports between March 2021 and February 2022, according to the figures.
Exports of polymer products rose 16% year-on-year, to $1.134 billion, while textile, garment and shoe exports increased by 8%, to $726 million.
Manufactured machinery and equipment exports from Iran also increased to reach $540 million over the 11 months to late February, said the ministry figures, adding that home appliances exports have risen to $326 million.
Exports from other sectors, including electronic and power, cellulose industries, automotive, high tech and pharmaceuticals accounted for over $750 million of Iran’s manufacturing exports over the same period, showed the figures.
Iran has seen a significant growth in its manufacturing sector since the United States imposed sanctions on the country’s crude oil exports in 2018.
The growth has helped Iran boost its foreign trade and compensate for losses suffered in energy export revenues.
Figures by the Islamic Republic of Iran Customs Administration showed that total non-oil exports from the country rose to $43.5 billion in the 11 months to February 19.
