Home Business Irans’s saffron exports exceed RM1.3 Billion

Irans’s saffron exports exceed RM1.3 Billion

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iran-saffronTEHRAN, May 23 – Some US$419 million (RM1.3 billion) worth of saffron was exported during the past Iranian year (ended March 20, 2013), an official with Iran’s Trade Development Organisation (TDO) said Wednesday.

saffronSpeaking to Iran’s IRNA, TDO’s Deputy director general Kioumars Fathollah Kermanshahi said the figure showed 14 percent growth in terms of value and 11.5 percent increase in term of weight compared to its previous year.

Kermanshahi added introducing saffron to target markets by Iranian experts played a crucial role in the growth of saffron exports to other countries.

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He noted the volume of exported saffron to China had a 500-percent growth during the said period.

Iran accounts for around 96 percent of the world’s total saffron production exporting saffron to 46 countries, including European and Persian Gulf states.

– BERNAMA