Carpets share in Iran’s export profile in 1995 was 5.5% and in 1996 was 4.5%. Carpets was the single most exported Iranian non-oil product during the 1990s. Such exports have declined significantly over the second half of the 1990s, from US$2 billion in 1994 to US$570 million in 1998, which is attributed to competition from low-priced carpet-producing countries.