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Iran's imports decline sharply as country strives for self-reliance

Iran’s textile, home textile and apparel imports from China and India decreased by over ** per cent and ** per cent, respectively, while imports from Turkiye, Malaysia and Hungary increased in **** as compared to ****, according to Fibre2Fashion’s market insight tool TexPro. This decline can largely be attributed to economic and other sanctions imposed on Iran by the international communities.

Despite this, the country has experienced an uptick in textile imports from countries like Turkiye, Malaysia, and Hungary. This spike is likely indicative of the evolving roadmap of Iran&#**;s trade relationships and a testament to its determination to sustain and adapt its economy in the face of international challenges.