Iran’s status as an importer of tapioca starch underscores its active participation in the global market. The country has witnessed significant growth in its import market, relying on Thailand as the primary source of tapioca starch. As trade policies and tariffs continue to shape the industry, stakeholders in the tapioca starch trade must remain attentive to evolving market dynamics to capitalize on opportunities and navigate challenges effectively in Iran’s dynamic market environment.
In 2021, Iran imported tapioca starch worth $93.4k, positioning the country as the 87th largest importer of this product globally. Tapioca starch ranked as the 2828th most imported commodity in Iran during the same year. Iran primarily imports tapioca starch from Thailand, accounting for the entire import value of $93.4k.
Iran experienced significant growth in its import market for tapioca starch between 2020 and 2021, primarily driven by Thailand with an increase of $45.3k. This growth reflects the growing demand for tapioca starch in Iran, highlighting the strengthening trade relations between the two countries.
In 2019, the average tariff imposed on tapioca starch imports in Iran stood at 55%. Notably, Angola, Burundi, Benin, Burkina Faso, and Botswana implemented the highest import tariffs on tapioca starch, with a Most Favoured Nation duty rate treatment of 55%. These tariffs indicate the trade policies and protective measures enforced by these countries to regulate the inflow of tapioca starch imports.
Data from BACI