Trade Between Iran and India: Iranian Brands in India

The trade relationship between India and Iran is rich and diverse, covering a wide range of products. From Indian agricultural exports such as basmati rice to Iranian energy products, this partnership has undergone significant changes due to geopolitical factors. The presence of Iranian brands in India further enriches this cultural exchange.

As trade dynamics between India and Iran evolve, the growth potential remains promising. Ongoing negotiations on a preferential trade agreement may expand the relationship beyond traditional areas. As Iranian brands gain prominence in India, cultural and economic ties between the two countries are expected to grow further.

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India and Iran maintain a diversified trade relationship with a wide variety of products exchanged between the two countries. The following is an overview of the main trading products:

India’s exports to Iran

• Rice: Basmati rice, in particular, accounts for a large portion of exports.
• Tea: Black tea is a famous export product.
• Raw sugar: Exported in large quantities to meet Iranian demand.
• Fresh fruits: including bananas and other seasonal fruits.
• Spices: Various spices are also part of the export basket.

• Machinery and Instruments: Exports all types of machinery, including agricultural and industrial equipment.
• Metals: Steel primary products and semi-finished products.
• Pharmaceuticals: including fine chemicals and other health products.

• Fertilizers: Both organic and inorganic fertilizers are exported to support Iranian agriculture.
• Agrochemicals: Various chemicals used in agriculture.

• Polyester yarns and woven fabrics: Textiles are part of the trade, catering to Iran’s manufacturing needs.

• Rubber products have been included in the export list.

Iran’s imports to India

• Crude oil: Historically, crude oil has been Iran’s largest import, although import volumes have fluctuated due to sanctions.

• Acyclic Alcohols: These chemicals are imported in large quantities for various industrial applications.
• Petroleum Coke: Used in various industrial processes.

• Nuts: including almonds and pistachios, popular in India.
• Dates and Saffron: These high-value agricultural products are also imported from Iran.

• Gemstones and Pearls:

• Natural or cultured pearls and semi-precious stones are part of the import trade.

• Including various plastic products, glassware and leather products.

Trade dynamics

Trade relations are affected by geopolitical factors, particularly sanctions affecting oil imports. However, ongoing Preferential Trade Agreement (PTA) negotiations aim to diversify this relationship beyond the energy sector, potentially enhancing trade in manufacturing and services.

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Iranian brands have started carving a niche in the Indian market, offering a range of products that reflect Iran’s rich cultural heritage and quality. Below is a list of famous Iranian brands sold in various segments in India:

Famous Iranian Brands in India

• Zar Saffron: This brand is known for high-quality saffron and is popular with consumers looking for authentic Persian saffron.
• Kashan Saffron: Another well-known brand that offers high-quality saffron sourced from Iran.

• Kerman Pistachios: These pistachios are known for their quality and are commonly sold under various brands in India.
• Iranian Dates: Various brands of Iranian dates are imported, especially the Medjool and Mazafati varieties, which are preferred for their taste and quality.

• Iranian Black Tea: Brands like Golestan and Darbari offer traditional Iranian black tea, which is increasingly popular in India.

• Tabriz Rugs: Known for their intricate designs and craftsmanship, Tabriz rugs are available through several retailers in India that specialize in Persian rugs.

• Iranian Handmade Glassware: A variety of brands offer exquisite hand-blown glass products that reflect Iran’s traditional art.

• Cosmetics and Perfume:

• Golab (Rose Water): Iranian rose water is popular in beauty products and cooking, with several brands offering high-quality options.

• Kashk-e Bademjan: This traditional Iranian eggplant paste is available through specialty food brands to cater to Indian consumers interested in Persian cuisine.

• Various Iranian brands export mineral products such as salt and gypsum for use in the construction and food industries.

As trade relations between the two countries continue, the variety of Iranian products in the Indian market will increase and cover different customers. Iranian brands are influenced here and will bring significant cultural and economic growth in the future.

Source: https://dinhtienhoang.edu.vn
Category: Optical Illusion