Iran's transit revenues increase significantly

2018-02-25 02:59:25

(MENAFN- Trend News Agency ) Baku, Azerbaijan, Feb. 24‎

By Gazenfer Hamidov – Trend:

Iran's revenues via transit has registered a significant rise during the current fiscal year, started March 20, 2017.

The Trade Promotion Organization of Iran (TPOI) said that Iran's transit revenues has registered a 20 percent increase during the first 10 months of the current fiscal year (March 20-Jan-21).

According to Mohsen Rahimi, head of the transit desk of the TPOI, the main reason behind the increase is surging fuel transit from Iraq's Kurdish region via Parvizkhan border crossing in the western Kermanshah Province to Iran's southern port of Imam Khomeini.

Fuel transit as well as transit of cargos to Afghanistan has led to increase in oil products load/unload in Iranian ports and marine transit as well, Rahimi said.

The official further said that switching flights of Qatar Airways to Iran's air zone due to imposed embargo by the country's Arab neighbors has also led to a 10 percent increase in Iran's revenues through air transit.

Transit

Air

Marine

Road

Rail

Total value

March 2017-Jan. 2018	March 2016-Jan. 2017	Growth %
Value (million $)	333.7	304.5	9.6
Flights	370,747	338,297	9.6
Value (million $)	142.5	103.6	37.5
Volume (tons)	7,126,000	5,187,000	37.4
Value (million $)	1,942	1,619	20
Volume (tons)	7,614,180	6,347,981	19.9
Value (million $)	118	79	49.4
Volume (tons)	1,310,000	877,000	49.4
2,536.2	2,106.1	20.4

Share of transit revenues from various sectors

MENAFN2502201801870000ID1096513489

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