Sep 4, 2017, 1:52 PM

Iran exports $75mn of saffron in 4 months

Iran exports $75mn of saffron in 4 months

TEHRAN, Sep. 04 (MNA) – An official said Iran exported saffron worth 75 million dollars in the first four month of the current Iranian year (began March 21).

Deputy Head of Iran's Union of Sellers and Exporters of Saffron Gholamreza Miri said a total of 53 tons and 851 kilograms of saffron worth 75 million dollars were exported in the timespan of March 21 to July 22.

Major destinations for the Iranian product include the United Arab Emirates (UAE), Spain and Hong Kong, the official continued.

He estimated that the overall volume of saffron exports will climb higher than the figure for the previous year; “exports of the valuable product reaches its peak in November, December, January and February,” he underlined.

Gholamreza Miri later noted that domestic market conditions have fortunately improved.

Miri also referred to the lifting of anti-Iran sanctions asserting “presently, saffron can be shipped countries like the US though the process was banned over the past years as a result of international sanctions.”

Guardian describes saffron as king of spices which can cost more by the ounce than gold commenting “they say it brings a smile to your face. Saffron is Iran’s red gold, and an ounce of it is even more expensive in some western supermarkets than the precious metal.”

HA/4077954

News ID 127516

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