Iran’s Prawn Aquaculture Exports Growing

by

Iran exported over 27,900 tons of prawns worth US$99.7 million, during the first 11 months of the current Iranian year (March 21, 2022 through February 19, 2023), according to the Iran Fisheries Organization.

According to the report, Iran’s prawn exports increased by 49.6% in value, while decreasing slightly 0.49% in volume compared to the same period last Iranian year. Regional demand for the delicacy is growing and Iran’s increasing connectivity and trade corridors with Russia and China are both helping fuel demand.

Iranian prawns were exported to 19 countries, mainly Russia, China, Kazakhstan, Georgia, and Türkiye, with 14,300 tons of prawn worth US$48.1 million – nearly half the total Iranian catch – being exported to Russia as it changes its supply chains in the wake of Western sanctions.

Generally, Iran’s total non-oil exports for the first 11 months of the current Iranian year increased by 12.2% in value.

Related Reading

 

About Us

Middle East Briefing is one of five regional publications under the Asia Briefing brand. It is supported by Dezan Shira & Associates, a pan-Asia, multi-disciplinary professional services firm that assists foreign investors throughout Asia, including through offices in Dubai (UAE), China, India, Vietnam, Singapore, Indonesia, Italy, Germany, and USA. We also have partner firms in Malaysia, Bangladesh, the Philippines, Thailand, and Australia.

For support with establishing a business in the Middle East, or for assistance in analyzing and entering markets elsewhere in Asia, please contact us at dubai@dezshira.com or visit us at www.dezshira.com. To subscribe for content products from the Middle East Briefing, please click here.

Related reading
Back to top