BAKU, Azerbaijan, May 2. The transit of products through Iran increased by 47 percent in the 1st month of the current Iranian year (from March 20 through April 20, 2024) compared to the same month of last year, the statistics of Iran's Customs Administration said, Trend reports.
Meanwhile, 1.6 million tons of products were transited through Iran in the first month of the current Iranian year.
However, Iranian customs did not specify to which countries the products were sent.
During the last Iranian year (from March 21, 2023 through March 19, 2024), the transit of products through Iran amounted to 17.8 million tons. The transit of products through Iran increased by 36.5 percent compared to the previous year (from March 21, 2022 through March 20, 2023).
To note, Iran is located on several international transit routes (North-South International Corridor, East-West International Corridor). Nevertheless, the infrastructure on the trajectory of these routes passing through the country is not fully sufficient, the territory of Iran is not considered a reliable route for international freight companies, and international sanctions have been applied against this country. Accordingly, global companies are not interested in transiting through Iran.
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