Iranian Tractor Exports
Iran has managed to export tractors despite numerous challenges.
Despite US sanctions and other challenges, an Iranian tractor manufacturer has managed to export its light tractors to several countries. Through 90% localization of parts, ITMC based in the city of Tabriz has exported some 1,800 tractors worth $118 million.
Through a distributor in Europe ITMC has managed to export its tractors based on the 1970s Massey Ferguson 295 light tractors to various regional and international markets. A great deal of the manufacturing of parts are performed at ITMC "which has one of the largest cast iron foundries in Iran and the region". ITMC is the largest tractor manufacturer in the Middle East, producing 16 types of tractors, the company now is looking to produce a 12-tonne light-duty-truck with the assistance of a Chinese manufacturer.
Disclaimer: The Netherlands Agricultural Network team in tehran does not take responsibility for the content or accuracy of the below news item.
