After the 1979 Revolution, the customary high volume of carpet exports was sharply reduced because of the new regime's policy of conserving carpets as national treasures and its refusal to export them to "corrupt Westerners." This policy was abandoned in 1984 in view of carpets' importance as a source of foreign exchange. Carpet exports more than tripled in value (from US$35 million to US$110 million) and doubled in weight (from 1,154 tons to 2,845 tons) between March and August 1986, which contributed to a fall in world carpet prices.

Custom Search

Source: U.S. Library of Congress