Exchange Rate Flight; a Threat To Iran’s Exit From The International Transportation Cycle

Unfortunately, the instability of the freight rate has caused the freight fares to rise with every fluctuation in the dollar price, and other costs will increase as a result.

For example, a truck traveling on the European route must pay 4,000 to 5,000 euros tolls, which include insurance, fuel, maintenance costs, etc. It also automatically increases the freight.

On the other hand, the difference in exchange rates has a greater impact on international transportation and will also result in fluctuations in transportation fares.

Currently, 90% of the country’s export and import processes are carried out through sea transportation. The shipping sector of the Islamic Republic of Iran is also related to the national pension fund and registered in Bahabazar, which fortunately has suitable conditions. But despite this, in order to be able to bring the life of its naval fleet to the world ideal by buying and building a ship, it is necessary to spend money and large budgets, which is a difficult process in the current situation.

Unluckily, the instability of the freight rate has caused the freight fares to rise with every fluctuation in the dollar price, and other costs will increase as a result. For instance, a truck traveling on the European route must pay 4,000 to 5,000 euros tolls, which include insurance, fuel, maintenance costs, etc. It also automatically increases the freight. On the other hand, the difference in exchange rates has a greater impact on international transportation and will also result in fluctuations in transportation fares.