Baku, Azerbaijan, Feb. 1
By Fatih Karimov – Trend:
Iran’s services exports were materialized by 73 percent during the first nine months of current fiscal year (March 20-Dec. 20, 2016).
The country exported $10.288 billion worth of services during the period, while the figure was planed to hit $14.081 billion, Iran’s Trade Promotion Organization (TPO) reported.
Iran’s service exports registered a rise by 2 percent compared to the same period of preceding year (March 20-Dec. 20, 2015).
Tourism sector revenues stood at $6.24 billion, while the country exported $2.083 billion worth of technical and engineering services in the nine-month term.
The country’s revenues through road transportation and transit stood at $1.446 billion, followed by air transportation ($235 million), marine ($92 million) and railway ($57 million) transportation.
The IT sector services export hit $135 million during the nine-month period.
Iran is expected to export $18.775 billion worth of services during the current fiscal year (started March 20, 2016), according to the report.
The value of the services provided to other countries is planned to reach $30 billion by 2021, Mojtaba Khosrotaj, head of the TPO, said last year.
The value of Iran’s annual technical and engineering exports stood at $2.257 billion during the fiscal year to March 2016, 154 percent more year-on-year.
Tourism and transportation revenues stood at $8.5 billion and $2.784 billion, respectively, during the same 12-month period.
