Exports have been a major source of economic growth and development, and have played a crucial role in helping Iran to become a major player in the global economy.
The export industry in Iran is highly diversified, with a wide range of products and services being exported to countries around the world. These include oil and gas, petrochemicals, agricultural products, textiles, carpets, and other manufactured goods. Iran is also a major exporter of services, such as engineering, consulting, and tourism.
The export ventures in Iran have been a major driver of economic growth, contributing significantly to the country’s GDP. Exports have helped to create jobs, stimulate investment, and increase foreign exchange earnings. This article discusses the basic procedures and requirements of exporting from the country.
Step-by-step exporting activities
The process of exporting from Iran is straightforward and can be completed in 6 easy steps.
Get export permit
The first step is to obtain a license from the Ministry of Industry, Mine, and Trade. This license is necessary for all exports from Iran, and the application process must be completed before any products can be shipped.
Choose a shipping company
The next step is to select a reliable freight forwarder who has experience in international shipping. This is an important step, as the freight forwarder will be responsible for ensuring that the items are shipped safely and arrive on time.
Get essential documents
One must obtain the necessary documents for international trade. These documents include an invoice, packing list, and certificate of origin. The invoice should include a detailed description of the goods, the value of the goods, and the terms of payment. The packing list should include the weight and dimensions of the goods, as well as a description of the packaging. The certificate of origin should be issued by the Chamber of Commerce in the country of origin.
Arrange the payment pact
To export goods, you must get the payment pact signed by the buyer and receive the advance payment. This can be done through a letter of credit or a bank transfer. The letter of credit should include the details of the transaction, including the amount to be paid, the currency, and the terms of payment.
Product insurance
The fifth step is to arrange for the insurance of the goods. This is important to ensure that the things are protected against any losses during transit.
Custom Clearance
The last step is to arrange for the customs clearance of the goods. This can be done through a customs broker or a freight forwarder.
Requirements for exports
To ensure a successful export process, five main requirements must be met.
Export license
A business must obtain a license from the Ministry of Industry, Mine, and Trade. This license is necessary to legally export any type of product from Iran.
Commercial registration number
A business must have a valid commercial registration number. This number is used to track the shipping process and ensure that all regulations are being followed.
Custom clearance
As already mentioned, businesses must register with the Iranian Customs Office. This registration allows the business to declare the goods they are exporting and pay the appropriate taxes.
Valid export agreement
The firm must have a valid foreign shipping contract. This contract must include the type of product being exported, the quantity, the destination, and the payment terms.
Invoice
Finally, businesses must have a valid invoice. This invoice must include the product details, the quantity, the unit price, and the total amount.
By meeting these five main requirements, businesses can ensure a successful export process from Iran.
