Iran’s emerging Pistachio market may challenge US dominance

Global Business

With Western sanctions lifted, Iran can now reclaim its place in international trade, in some areas. While its oil industry might get most of the world’s attention, there’s potential for big profits through Pistachios.

CCTV America’s Elmira Jafari reports.

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Pistachios are Iran’s second most valuable export after oil, and their re-emergence in the U.S. could maybe jeopardize U.S. market dominance.

American pistachio growers say they don’t fear the new competition, and predict personal preference will create an appetite for all varieties.


Ritu Upadhyay on Iran’s luxury market

CCTV America’s Nathan King spoke to Ritu Upadhyay, the Middle East correspondent for Women’s Wear Daily.