Khorasan Razavi’s Exports Surge by 22%: A Growing Market for International Buyers

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Khorasan Razavi province in Iran has reported a significant 22% increase in exports in the first seven months of the year. This surge can be attributed to a concerted effort to promote domestic production and reduce reliance on imports.

By prioritizing the localization of components and previously imported products, the province has achieved over $200 million in foreign exchange savings in the first half of the year alone. This figure is expected to exceed $400 million for the entire year of 2023.

What does this mean for international buyers?

  • Growing opportunities: With a focus on domestic production and export, Khorasan Razavi offers an expanding range of high-quality products at competitive prices.
  • Diverse product range: From agricultural products to industrial goods, the province is home to a variety of industries capable of meeting global demand.
  • Government support: The Iranian government is actively supporting businesses in Khorasan Razavi, creating a favorable environment for foreign investment and trade.

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