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Iran's 1404 transit reached 20.516 million tonnes: the asset that never runs out but can be blocked (Friday, 31 July 2026)

Sahmino editorialJul 31, 2026Short01:213 views
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In the Iranian year 1404 (ending March 2026), about 20.516 million tonnes of goods transited Iranian territory. Iran sold none of it and was paid only for the passage. Transit is the one part of foreign trade where Iran sells its geography rather than its resources. Yet the 10 month data for the same year show the figure was 4.63 percent smaller than a year earlier, and by Mordad 1405 (July 2026), with the Strait of Hormuz locked and fewer than 10 ships a day, that asset is under fresh pressure.

Transcript

In the year fourteen oh four, about twenty million tonnes of goods entered Iran and crossed its territory. But Iran sold none of those goods. It was paid only for letting them pass through. The exact customs figure is twenty million five hundred and sixteen thousand tonnes. In transit, Iran sells its geographic position rather than its natural resources, and that asset never runs out. This board sets the full transit picture next to non oil exports for comparison. By weight, transit is about thirteen point six percent of the country's non oil export tonnage. But here is the key point: ten month transit that same year shrank by four point six three percent. Iran's geography links Russia and Central Asia overland to the Indian Ocean. Growth in transit reaches these listed market sectors, from freight to steel and cement. Five bottlenecks explain why this number has not grown larger than it is today. This year a new one appeared: the Hormuz lock and emergency sea freight charges. Two roads lie ahead for Iran: an active corridor, or a route that rivals simply bypass. The latest news: a draft transit memorandum with Armenia, and the Khosravi crossing activated. The bottom line: the fourteen oh four figure was neither record nor failure, but an early warning. So the answer: Iran was paid for passage but lost share. Can it come back? Full analysis on Sahmino.com.

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