Iran’s exports to Nigeria stood at $44 million during the first half of the current Iranian year (March 21-Sept. 22), director general of Trade Promotion Organization of Iran’s Arab and African…
Domestic Economy
Despite the benefits of rail freight transportation compared to other modes, Iran has been suffering from a low share of railroad in the movement of cargo. Rail freight transport holds critical…
In recent weeks, almost all Iranian land borders have reopened for trade and travel, according to Rouhollah Latifi, the spokesman of the Islamic Republic of Iran Customs Administration.
Three more consignments of Covid-19 vaccines have been imported, the technical deputy of the Islamic Republic of Iran Customs Administration said on Monday, noting that the first shipment was…
Contrary to expectations, the Iranian Parliament opposed the double-urgency motion bill on the revocation of subsidized foreign currency for importing essential goods, adding it to the…
At its most recent meeting in Tajikistan this September, the Shanghai Cooperation Organization started a formal process to grant Iran full membership. This will be the second time the…
Iran traded 1.14 million tons of non-oil commodities worth $702 million with Latin American countries during the current fiscal year’s first seven months (March 21-Oct. 22), latest data released…
The average goods and services Consumer Price Index of “leisure and culture” in the 12-month period ending Oct. 22, which marks the end of the seventh Iranian month of fiscal 2021-22, increased…
A total of 133,000 tons of locally-made goods worth $220 million were exported from the customs terminal of Semnan Province during the first seven months of the current fiscal year (March 21-Oct…
Iranian steelmakers have achieved significant growth in exports, latest data released by the Iranian Steel Producers Association show. A total of 4.06 million tons of semi-finished steel…
Trade between Iran and African countries reached 1.51 million tons worth $650.22 million during the first seven months of the current Iranian year (March 21-Oct. 22).
The Purchasing Managers’ Index for Iranian industries in the current fiscal year’s seventh month (Sept. 23-Oct. 22) settled at 50.83 from 57.66 in the preceding month (Aug. 23-Sept. 22),…
In a meeting between Iran’s representatives from the Iran-Kazakhstan Chamber of Commerce and the Trade Promotion Organization of Iran, it was announced that 80% of the Free Trade Agreement…
The average goods and services Consumer Price Index of “tobacco” in the 12-month period ending Oct. 22, which marks the end of the seventh Iranian month of the fiscal 2021-22, increased by 44%…
The average Producer Price Index for industrial chicken farms in the four quarter period ending Oct. 22, which marks the end of the second quarter of the current fiscal year, increased by 84%…
A business delegation from North Khorasan Province has travelled to Kazakhstan in search of business partners and foreign investment, the head of Bojnourd’s Chamber of Commerce, Industries,…
The tax-to-GDP ratio stood at 4.2% in the first quarter of the current fiscal year (March 21-June 21), indicating a 2.4% decline compared with the corresponding quarter of last year, Tehran…
Iran’s date palms are being smuggled from the country’s southern provinces, Bushehr in particular, to the littoral states of the Persian Gulf, according to the head of the National Association…
The Producer Price Index for industrial-scale livestock farms (using the year ending March 2017 as the new base year) stood at 492.2 in Q2 (June 23-Sept. 22) of the fiscal 2021-22, indicating a…
A total of 15,186,000 tons of goods valued at $5.41 billion were exported from the southern province in the first seven months of the current Iranian year (March 21-Oct. 22), registering a 7%…
The average Producer Price Index for the mining sector in the four-quarter period ending Sept. 22, which marks the end of the second quarter of the current fiscal year, increased by 116.1%…
Iran’s trade with 15 neighboring countries stood at 61 million tons worth $28.32 billion in the current fiscal year’s first seven months (March 21-Oct. 22), according to the latest data released…
Pakistan and Iran have reached an agreement to facilitate the transit of cargo trucks from China to Europe, which move will support the economies of the two countries. The development was…
The average goods and services Consumer Price Index of “clothing and shoes” in the 12-month period ending Oct. 22, which marks the end of the seventh Iranian month of fiscal 2021-22, increased…
The government will submit a bill on overhauling the policy of subsidized imports to the parliament in the near future and the latter is ready to start the reform process of this controversial…