Iran ranks first in export growth in ME

The Islamic Republic of Iran has strived to gain the first rank of export boost among the Middle East countries, according to the report released by the World Bank.

Iran’s export growth was put at 33.5 percent in 2004, which is the highest among the ME and northern African countries. The figure has been put at 32.5 percent for Algeria, 25 percent for Egypt, and 29.5 percent for the northern African countries in the same year.

According to the report, in 2004, commodity export has been grown by 20.6 percent in the world, while it has been predicted 17.8 percent and 28 percent for the industrial countries and developed ones respectively.

The figure has been also reported 26.2 percent for the European and Central Asian countries in the same period.

In 2003 and 2002, Iran’s export growth has been reported as much as 42.2 percent and 17.9 percent respectively in addition to the fact that the country’s average export growth stood 3.9 percent in 1991-2000.


Tehran Times Economic Desk