Dec 3, 2018, 2:54 PM

Iran’s clothing exports observe 28% growth

Iran’s clothing exports observe 28% growth

TEHRAN, Dec. 03 (MNA) – Iranian merchants exported some $715 million worth of clothing and garments during the first seven months of the current fiscal (March 21- Oct. 21), registering a significant growth in comparison with the corresponding period of last year, a senior official said.

Speaking on the sidelines of 6th International Apparel Exhibition (Iran Mode 2018), Golnar Nasrollahi, director general of the Textile, Apparel and Leather Industry Organization, affiliated to the Ministry of Industries, Mining and Trade, said that $715 million worth of garments were exported during the seven-month period, registering a 28% hike in comparison with last years similar period.

She pointed to the skyrocketing rates of foreign currency in the past months and the promising boost in the sector’s productivity as the two main reasons behind the growth in the exports of clothing and apparels.

Supplying raw materials for textile industry has been put a top priority of the Ministry of Industry, she said, adding, “the country’s current economic situation is in favor of producers, provided that their required raw materials are fully provided.”

The imports of basic raw materials, such as fibers, have witnessed a significant growth as compared to the same period of last year, which proves the development in the industrial and production units’ activities, the official said.

Referring to the strategic clothing prodcution and exports document that was compiled during former minister of industry, Nasrollahi said, “this document has now been handed over to the Planning Deputy Office of the ministry and we hope that we will be able to implement different paragraphs of it with the cooperation of related associations and organizations.”

The 24th edition of Iran’s international exhibition of Textile Machinery, Raw Materials, Home Textiles, Embroidery Machines and Textile Products known as IRANTEXT and the 6th International Apparel Exhibition (Iran Mode 2018) kicked off at Tehran Permanent International Fairgrounds on Sunday.

MA/IRN83120974

News ID 140152

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