Investigating and determining the export pattern of Iranian medicinal plants

Document Type : Research paper

Authors

1 M.Sc., Dept. of Agricultural Economics, Faculty of Economics and Agricultural Development, University of Tehran, Tehran

2 Ph.D Student, Dept. of Agricultural Economics, Faculty of Economics and Agricultural Development, University of Tehran, Tehran

Abstract

The business of the last few years shows that the reliance of the economy on the income obtained from the sale of crude oil has led to the instability of the export income. Iran's economy is no exception to this rule and the country's policy makers have realized that the development of non-oil exports is an inevitable necessity. In the meantime, medicinal plants have become an important issue in the world due to economic considerations as well as their low water consumption. Therefore, the present study tries to use the numerical taxonomy approach to investigate and determine the export pattern of Iranian medicinal plants based on market continuity indicators, standard market continuity, average dollar price, average import share of the country, the goal is to pay the volatility coefficient of the dollar price and the volatility coefficient of the import share of the target country. The result of the prioritization of saffron export target countries shows that the UAE, Spain and Norway have occupied the first to third ranks. According to the results of prioritizing the types of medicinal plant products, UAE has the most potential (6 products) to increase Iran's herbal products export which is proposed to be given special attention to the Ministry of Foreign Affairs and the exporters of medicinal plant products through multilateral agreements and international agreements. Also, countries like Pakistan and Germany have 3 joint products in the second degree and Qatar, Iraq, England and Japan in the third degree have 2 products and the countries of Norway, Spain, South Korea, Azerbaijan, Canada, Turkey, Oman, Kuwait, Bahrain and Afghanistan each have a potential in the export of vegetable products as a single product, which is suggested to be noticed by the exporters and the Ministry of Foreign Affairs of Iran for more economic relations.

Keywords

References

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Advanced Research in Medicinal Plants
Volume 2, Issue 2 - Serial Number 3
September 2023
Pages 9-22

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History

  • Receive Date: 02 October 2023
  • Revise Date: 14 February 2024
  • Accept Date: 09 April 2024

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