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Iran’s transit revenues up by 20%

10 April 2018 [12:30] - TODAY.AZ

By  Trend


Iran’s revenues via transit has registered a rise by 20 percent during the last fiscal year, ended March 20.

The Trade Promotion Organization of Iran (TPOI) said that Iran’s transit revenues amounted to $2,817 million in the first 11 months of the last fiscal year (March 20, 2017-Feb. 20), which is 19.9 percent more year-on-year.

Transit

March 2017-Feb. 2018

March 2016-Feb 2017

Growth (%)

Share

Air

Value (million $)

362

332.4

8.9

12.9

Flights

402,188

369,329

8.9

Marine

Value (million $)

156

116.5

33.9

5.5

Volume (tons)

7,796,098

5,826,000

33.8

Road

Value (million $)

2,170

1,812

19.8

77

Volume (tons)

8,507,450

7,106,669

19.7

Rail

Value (million $)

129

89

44.9

4.6

Volume (tons)

1,431,000

990,000

44.5

Total value

2,817

2,349.9

19.9

100

Earlier, Mohsen Rahimi, head of the transit desk of the TPOI, said that the main reason behind the transit revenues increase is surging fuel transit from Iraq’s Kurdish region 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, according to the official.

Road transit revenues had the highest share among various modes (77 percent), followed by air transportation (12.9 percent), marine and rail transit.

Meanwhile, the railway transit registered highest revenue growth among the transit modes. The country’s railway transit incomes increased by 44.9 percent year-on-year and stood at $129 million.

URL: http://www.today.az/news/regions/168712.html

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