News ID: 254443
Published: 0319 GMT June 17, 2019

Iran’s annual medicinal plant exports reach $570m

Iran’s annual medicinal plant exports reach $570m

Iran exported $570 million worth of medicinal plants during the last Iranian year (ended March 20, 2019) to register an increase of $120 million compared to the previous year, said an official with the Agriculture Ministry.

Hossein Zeinali, the manager of Medicinal Plants Project, added that 206,000 hectares are under medicinal plant cultivation in Iran, producing 675,000 tons annually, IRNA reported.

He expects exports to reach $700 million this year (March 2019-20).

Iran is home to about 8,500 species of medicinal herbs.

According to Zeinali, the area under cultivation of medicinal plants will increase to 280,000 hectares by the fiscal year 2021-22.

 

   
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