TEHRAN (Iran News) According to the public relations department of the Iran Trade Development Organization, citing the Vice Presidency for Science and Technology, Mohammad Ali Dehghan Dehnavi emphasized the importance of non-oil exports, particularly those grounded in a knowledge-based economy, for enhancing the country’s economic security and development.

Dehnavi highlighted that reliance on oil, raw materials, and semi-processed goods for exports has been a critical weakness, especially during sanctions and international restrictions.

He further stated that economic studies reveal a significant correlation between economic growth and the advancement of knowledge-based economies. Such exports are less vulnerable to external limitations, as they are built on human expertise and production capacity rather than dependence on natural resources.

Based on customs data from the Islamic Republic of Iran, knowledge-based companies contributed 2.6% of the export weight and 5% of the total export value in 2023. Advanced materials and products derived from chemical technologies accounted for approximately 80% of the export value in this sector.

Dehnavi added that while the current share is modest, knowledge-based companies are undoubtedly key players in Iran’s economy. Strengthening exports from this sector is a top priority for the Trade Development Organization.

He also stressed the need to boost Iran’s position in innovation and technology across various domains. Enhancing international trade cooperation and showcasing the potential of Iranian companies, particularly in the knowledge-based sector, requires organizing more events to facilitate interaction among key stakeholders in this ecosystem.

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The ceremony was held in presence of First Vice-President Mohammad Mokhber, Minister of Industry, Mine and Trade Mr. Seyed Reza Fatemi Amin, Vice President for Science and on Technology Mr. Soren Sattari and Vice President on Economic Affairs Mohsen Rezaee.

Addressing the ceremony, Industry Minister Fatemi Amin highlighted the goals of the ministry for boosting exports and reiterated that this year’s exports will increase by $5b comparing to the preceding year, admitting that methanol and steel have been the main reason in this rise and the country should work to diversify its exports and export destinations.

Meanwhile in the ceremony, Head of Iran Chamber of Commerce Gholam-Hossein Shafei said that while Iran has not grown in the export sector in the past 30 years, exports from countries aligned with Iran, including Turkey, have increased by 7 percent during this period.

He declared Iran’s export volume at $58.9 billion in 2020, saying it increased by only 4-tenths of a percent compared to the year before.

Referring to the lack of growth in Iranian exports over the past three decades, he said that countries aligned with Iran such as Turkey, Malaysia, Nigeria and North Africa have had 7, 5 and 2 to three times the export growth, respectively.

According to the head of the chamber of commerce, 50 percent of Iran’s total export volume in the past decades has been 50 percent of oil and 50 percent of crude sales.

Meanwhile addressing the ceremony Rezaee says that Iran seriously aims to get sanctions removed while adding that Tehran would not be fooled by empty promises.

The Iranian official said that exports are at the core of generating wealth, and the Iranian nation would not achieve wealth without exports.

Being an important part of the economy in all countries, trade and exports have a double effect on national Iranian production, he added.

Iranian producers, the climate, and human resources of Iran can effectively contribute to the economic leap, Rezaee continued, adding that re-exporting can create billions of dollars of wealth for the country.

The official went on to say that the 13th Iranian administration under President Raisi aims to apply fundamental technical changes, starting with the field of exports.

Pointing to the illegal sanctions, the Iranian Vice-President for Economic Affairs noted that now the Iranian nation has to do great things in a limited time after considering all the aspects.

The Iranian government is seriously seeking the removal of sanctions, Rezaee added, saying that the current Iranian government seeks engagement with the entire world.

At the end of the ceremony, the top exporters of the year were awarded with prizes.

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