Qazvin Province exported $2.25 million worth of handicrafts in the first half of the current Iranian year (started March 21), says the managing director of Qazvin Cultural Heritage, Tourism and…
Domestic Economy
Nineteen major steelmakers of Iran exported an aggregate of 3.81 million tons of steel products during the current fiscal year’s first six months (March 21-Sept. 22), registering a 48% growth…
About 60% of fish used in Iran’s canned tuna production (about 50,000 tons) are imported, the secretary of the Syndicate of Canning Industry said. “Fish imports mainly come from China, but…
A total of 77,354 tons of publication paper worth $66.12 million were imported in the first half of the current year (March 21-Sept. 22), indicating a 23% and 31% decline in weight and value…
Unemployment rate for university graduates stood at 14.4% in the second quarter of the current Iranian year (June 22-Sept. 22), posting a 0.5% year-on-year decrease. According to the…
Authorities in charge of foreign trade have recently spoken of $100-billion worth of export capacity, while seeking to export $35 billion worth of goods to these countries in the next four years…
Iran and Turkey registered $2.83 billion in bilateral trade during the first eight months of 2021, 74.09% higher than the same period of last year, latest data by Turkish Statistical Institute…
Iran needs to buy a record 8 million tons of wheat in the current season, Iranian industry sources said, after its domestic crop was hit by drought. However, the jump in imports will coincide…
India’s Agricultural and Processed Food Products Export Development Authority (APEDA), an organization under the federal Ministry of Commerce and Industry, will dispatch the first-ever shipment…
New data released by the Supreme Audit Court of Iran show the government supplied 82.5% of public resources in the last fiscal year’s budget (2020-21), as expenditure hit over 125% of the target…
A truck crossed the Incheh Borun land border with Turkmenistan in the northeastern Golestan Province on October 14 to mark the reopening of this crossing after 20 months since the outbreak of…
The Statistical Center of Iran has published a new report on home and land prices, as well as rent levels, in the country’s urban areas during the fourth quarter of last Iranian year (Dec. 21-…
Iran is expected to more than triple its wheat imports in the 2021-22 marketing year and could import up to 8 million tons after hot and dry weather conditions in the region, while at least half…
The Statistical Center of Iran has released the finding of a survey on Iranian households’ buying behavior in the fiscal 2020-21. Over half (51.8%) of the households who purchased electronic…
The northern Gilan Province is offering 80% discount on port tariffs, 60% on marine transportation fees and full exemption on storage costs to Ro-Ro vessels that dock in the harbors of this…
Attempts to control market prices frequently backfire, so the Iranian government needs to come up with new strategies to answer calls for economic transformation and improvement. This was…
Edible oil imports stood at 1.1 million tons worth $1.5 billion during the first six months of the current Iranian year (March 21-Sept. 22), registering a 173% and 351% growth in weight and…
The International Monetary Fund expects Iran’s economy to grow 2.5% in 2021. IMF’s new World Economic Outlook report titled “Recovery During a Pandemic” forecasts GDP growth to decline slightly…
Iranian passengers who plan to fly abroad are advised to apply for the digital vaccination card issued by the Ministry of Health and Medical Education, according to an official with the Civil…
The Purchasing Managers’ Index for Iranian industries has edged above the threshold. The index for the current fiscal year’s sixth month (Aug. 23-Sept. 22) settled at 57.66 from 45.24 in the…
A total of 92.85 million doses of Covid-19 vaccines have been imported to Iran in 65 shipments, Mehrdad Jamal Arvanaghi, the technical deputy of the Islamic Republic of Iran Customs…
Mohammad Hashem Botshekan, former managing director of Bank Maskan, the state agent bank of the housing sector, calls for single-digit interest rates to help low-income borrowers take out loans…
The Islamic Republic of Iran Shipping Line (IRISL) Group, the biggest player in Iran’s transportation sector, gained $431 million from international maritime transportation during the first five…
Turkish Airlines has added two flights on Tabriz-Istanbul air route, according to the director general of East Azarbaijan Airports Organization.
Iran’s foreign trade, excluding crude oil exports, stood at 19.84 million tons worth $10.63 billion during the current Iranian year’s sixth month (Aug. 23-Sept. 22) to register a 135% and 98%…
