BAKU, Azerbaijan, July 3. The transit of products through Iran has increased by 55 percent during 3 months of the current Iranian year (from March 20 through June 20, 2024) compared to the same period last year (from March 21 through June 21, 2023), Iran's Deputy Minister of Economy and Finance and Director General of Customs Administration Mohammad Rezvanifar said, Trend reports.
According to him, 5.5 million tons of products have made their way through Iran in just 3 months.
Rezvanifar noted that mainly 1.6 million tons of products were transported through Iran's Parviz Khan Customs, 1.4 million tons through the special zone of Shahid Rajaee Port, and 701,000 tons through Bashmak Customs.
However, 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 in the last Iranian year 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. Therefore, global companies are not interested in transiting through Iran.
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