• العربية
  • فارسی
BrandBrand
  • Iran Insight
  • Politics
  • Economy
  • Analysis
  • Special Report
  • Opinion
  • Podcast
  • Live TV
  • Iran Insight
  • Politics
  • Economy
  • Analysis
  • Special Report
  • Opinion
  • Podcast
  • Live TV
  • Theme
  • Language
    • العربية
    • فارسی
  • Iran Insight
  • Politics
  • Economy
  • Analysis
  • Special Report
  • Opinion
  • Podcast
  • Live TV
All rights reserved for Volant Media UK Limited
volant media logo

Iran's Handwoven Carpet Exports Plummet Amid Sanctions

Apr 1, 2024, 14:50 GMT+1
A carpet seller displays inventory to buyers in Tehran
A carpet seller displays inventory to buyers in Tehran

The Vice President of Iran’s Handwoven Carpet Producers Union has sounded alarm over the current state of Iran's carpet industry which is in rapid decline amid the country's recession. 

Speaking on behalf of the union, Hamed Chamran-Rokh disclosed that both domestic and international sales of handwoven carpets are continuing to decline.

"In the current circumstances, handwoven carpet exports are practically zero," stated Chamran-Rokh, exacerbated by the imposition of banking sanctions.

Last year, exports of one of Iran’s most famous products, hit its lowest levels in 24 years, a 24 percent decrease in one year alone.

The decline in Iran's handwoven carpet exports marks a stark contrast to its historical performance. In 1994, Persian carpets generated over two billion dollars in revenue for the country. However, by 2019, the figure plummeted to a mere $69 million. The situation worsened in the second quarter of 2020, with exports bringing in only two million dollars.

Numerous factors contribute to the significant drop, including challenges in global logistics chains, the escalating cost of products. International sanctions related to Tehran’s nuclear program have also dealt a blow to local industries, including the handwoven carpet sector.

Beyond economic implications, the decline in handwoven carpet exports carries profound social repercussions. Carpets have long been a cornerstone of Iran's rural economy, offering vital employment opportunities for millions of families.

However, as business dwindles, statistics from the Ministry of Industry, Mine, and Trade reveal that approximately two million weavers have been compelled to migrate to cities or neighboring countries in search of alternative livelihoods.

Most Viewed

Iran’s northern routes test the limits of US bid to extend blockade overland
1
ANALYSIS

Iran’s northern routes test the limits of US bid to extend blockade overland

2
EXCLUSIVE

Iran acquires oil facilities in China to bypass US sanctions, leaked document shows

3

Iran's Guards warn tankers as Houthis target Riyadh

4

Qatar takes Iran mediation to Trump as regional peace efforts gather pace

5
VOICES FROM IRAN

Iranian citizens condemn executions, criticize US response

Banner
Banner
Banner
Banner
Banner
Banner
Banner

Spotlight

  • Oil prices or US prestige? Tehran analysts weigh Trump's next move
    INSIGHT

    Oil prices or US prestige? Tehran analysts weigh Trump's next move

  • Trump lost the midterms. Did Iran win?
    PODCAST

    Trump lost the midterms. Did Iran win?

  • Iran tortured boy at 13 before killing him at protest, source says

    Iran tortured boy at 13 before killing him at protest, source says

  • Iran acquires oil facilities in China to bypass US sanctions, leaked document shows
    EXCLUSIVE

    Iran acquires oil facilities in China to bypass US sanctions, leaked document shows

  • Iran's solar ambitions falter as Chinese panel imports collapse

    Iran's solar ambitions falter as Chinese panel imports collapse

  • Tehran hails US economic pain as Iranians struggle to make ends meet
    INSIGHT

    Tehran hails US economic pain as Iranians struggle to make ends meet

  • Opportunity or trap? Vance's Iran war remarks divide Tehran
    INSIGHT

    Opportunity or trap? Vance's Iran war remarks divide Tehran