Iran Opens Market for 75,000 Car Imports

Thansettakij•Economy•16h ago

Reader Briefing

The Iranian government is implementing a policy to import 70,000 to 75,000 vehicles to increase domestic market competition.

•The Iranian government plans to issue licenses for the import of 70,000 to 75,000 vehicles.
•The policy prioritizes affordable passenger cars, electric vehicles, and hybrid vehicles.
•Import regulations for the 1404 Iranian calendar year (2025–2026) set taxes based on engine size.
•Payment for imports can be made via state-allocated foreign currency or legally held private foreign currency.

•The Iranian government is opening the car import market to increase competition and balance the domestic market.
•The Iranian government seeks to reduce the domestic market's long-term reliance on local manufacturers.
•The Iranian government has planned and issued licenses for approximately 70,000–75,000 imported vehicles.
•The Iranian government prioritizes affordable passenger cars over luxury or expensive vehicles to directly benefit general consumers.
•Regulations for the 1404 Iranian calendar year or 2025–2026 specify car quantities and tax rates based on engine size.
•Electric vehicles and range-extender vehicles have significantly lower tax rates than internal combustion engine vehicles.
•Minister Atabak explained that some special vehicle licenses are intended to generate state revenue through import duties and customs taxes.
•The Iranian car market is expected to see increased interest in small, affordable, hybrid, and electric vehicles.

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Thai Trade Office in Tehran(สำนักงานส่งเสริมการค้าในต่างประเทศ ณ กรุงเตหะราน)

The office that reported on the Iranian government's car import policies.

Iranian Government(รัฐบาลอิหร่าน)ℹ️

The authority implementing the policy to import 70,000–75,000 vehicles to increase market competition.

Central Bank(ธนาคารกลาง)ℹ️

The entity whose rules govern the use of foreign currency for car imports in Iran.

Iran(อิหร่าน)ℹ️

The country opening its market for vehicle imports.

Atabak(อาตาบัก)ℹ️

A minister who explained that certain special import licenses are used to generate government revenue through duties and taxes.