"Although sanctions created obstacles, but the exports of Iranian textile and industrial goods
have increased since they are affordable," he noted.
Also, the threatened new tariffs would hit consumers much harder than earlier tariffs have, which deliberately focused on industrial goods
to minimise the impact on consumer goods.
Non-stick coating chemicals are used on consumer goods such as cookware, bakeware, and home electrical appliances, and also on industrial goods
including automotive parts and other industrial equipment.
Looking at the main components of consumer price inflation, food, alcohol & tobacco, energy and services were expected to show an annual price rise of 1.6% in June, while the annual rate of "non-energy industrial goods
" price increases is expected to be 0.2%.
IN a first, Seoul has responded positively to Manila's long-standing request to eliminate tariffs on agricultural products, particularly banana, in exchange for reduced import duties on South Korean industrial goods
Non-stick coating chemicals (NSCs) are used on consumer goods such as cookware, bakeware, and home electrical appliances, and also on industrial goods
including automotive parts and other industrial equipment, for the purposes of preventing sticking of substances on their surfaces and supporting low friction and release during use.
Furthermore, there was need to diversify the range of value-added traditional industrial goods
, such as consumer textile and leather products, as well as non-traditional industrial goods
, he said.
During this period, the export volume of carpets, agriculture and industrial goods
increased by 70%, 23% and 9% respectively (7m 1397 versus 7m 1396).
Raw materials mainly prevail in the export of industrial goods
. This list may include cotton fiber, aluminum, raw skin, leather and other manufactured goods.
The study added that 18% of exports are industrial goods
with a competitive advantage, which are the total of the goods whose exporting volume is larger than imports', noting that they need more support and export advantages to turn them into "goods with a specified feature".
In September, the highest contribution to the annual euro area inflation rate came from energy, followed by services, food, and non-energy industrial goods
, it noted.