Home appliances export up 34% in 2 months on year - News Summed Up

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Home appliances export up 34% in 2 months on year


TEHRAN- Iran’s export of home appliances has increased 34 percent during the first two months of the current Iranian calendar year (March 21-May 21), as compared to the same period of time in the past year, the secretary-general of the Association of Industries of Household Appliances of Iran announced. Some Iranian home appliances such as wall-mounted water heaters have also been exported to the European Union countries, especially to Italy, he underlined. Iran exported $200 million worth of home appliances during the previous Iranian calendar year (ended on March 20), according to an official with the Industry, Mining and Trade Ministry. Rise in home appliances manufacturing and export has been also planned for the current year. “Following the imposition of U.S. sanctions and the withdrawal of South Korean companies from Iran, the production of Iranian home appliances increased by 36 percent,” Niaraki said on the sidelines of a visit to a production unit.


Source: The North Africa Journal July 18, 2021 09:22 UTC



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