Official: 5% of Iran’s Exports Belongs to Knowledge-Based Products

Head of the Trade Promotion Organization of Iran Mohammad Ali Dehqan Dehnavi made the remarks, saying that the products exported by the knowledge-based companies made up of 2.6 percent and 5 percent of the country’s exports share in weight and value, respectively compared to a year earlier.

He added that the exports of non-oil commodities, especially exports relying upon the knowledge-based economy, play an important role in the country’s economic security and development.

In contrast, dependency of exports and economy on the oil sales, semi-finished materials is one of the weak points of the country especially during the sanctions period and international restrictions, Dehqan Dehnavi underlined.

Undoubtedly, at present, the knowledge-based and technological companies are considered as one of the leading components in spurring export of the country, he said.

The Islamic Republic of Iran Customs Administration (IRICA) had announced in September that the country’s knowledge-based companies exported over 3.6 million tons of products, valued at $2.506 billion, in the past Persian calendar year.

In this period, the knowledge-based companies accounted for 2.6 and 5 percent of the country’s total exports in weight and value respectively.

Advanced materials and products based on chemical technologies accounted for about 80 percent of the export value of these companies. 

China was Iran's first buyer of knowledge-based products in this period.

The report added that some 1.158 million tons of goods, valued at $5.141 billion were also imported by knowledge-based companies into the country from March 21, 2023, to March 19, 2024.

About 85 percent of the goods imported by the knowledge-based companies came from China, the United Arab Emirates (UAE), Turkey, Germany, and India.

The domestic knowledge-based companies exported their products to China, Iraq, the UAE, Turkey, and Russia in this period, IRICA said.

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