Iran exported 2.2 million tons of non-oil goods valued at $775.3 million to India during the first quarter of the current Iranian year (started March 20), which indicates a 6.5% increase compared…
Domestic Economy
Close to 2,500 tons of cutlassfish worth $64.5 million were exported from Iran in the last fiscal year (March 2015-16), which indicates a 30% increase compared to the previous year, according to…
The Trade Promotion Organization of Iran has again called on all Iranian exporters to Iraq to obtain certificates of origin since the Iraqi government has reimposed a ban on imports of goods…
A new storage facility for hazardous goods and inflammable material has been built at Imam Khomeini Port’s Special Economic Zone at a cost of 153 billion rials (more than $4.3 million at market…
Close to 640,000 tons of goods valued at $263.7 million were exported to Japan during the first three months of the current Iranian year (started March 20), which indicates a 30% drop over last…
Domestic rice production is projected to reach 2.3 million tons in the current Iranian year (March 2016-17), according to Kaveh Khaksar with the Ministry of Agriculture. Rice farmers in the…
About $15.5 billion worth of goods were smuggled into and out of Iran in the last Iranian year (March 2015-16), which is 27.7% less than that of the previous year, according to the anti-…
Iran is a country of great resources and considerable potential. It should have been one of the major world economies, but it isn’t.
Why is the rate of Iran’s gross domestic product and…
Agriculture Minister Mahmoud Hojjati said wheat production will outstrip demand by the end of the current Iranian year (March 2017), which will make Iran self-sufficient and help build up its…
More than 826,000 tons of commodities, valued at $346 million were exported to Iraq via land borders of the city of Qasr-e Shirin in western Kermanshah Province during the first three months of…
The construction of Jajarm Aluminum Plant will be completed by the end of May 2017, according to the head of Iranian Mines and Mining Industries Development and Renovation Organization.
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More than 8.2 million tons of wheat worth close to 105 trillion rials ($2.99 billion at market exchange rates) have been purchased from local farmers since the beginning of the harvest season in…
About 2,000 tons of cosmetic products worth more than $21.6 million were imported to Iran in the first three months of the current Iranian year (started March 20), according to the Islamic…
Iran exported more than 57,800 tons of goods worth $46.9 million to Russia in the first three months of the current Iranian year (started March 20), which indicates a 4% decline over the similar…
To help promote exports and facilitate exchange of goods and services in target markets, Iran is opening trade offices in some African countries, said Reza Abbasqoli, an official with the Trade…
Following an official visit by EU officials to Iran earlier in July, the European block is planning another visit to take place in October with a focus on promoting cooperation in a range of…
Standing on the crossroad of grand trade routes with the removal of economic sanctions and inflow of foreign investments, Iran will be able not only to develop internal railroads but turn into a…
Agreements for Iran to buy more than 200 jetliners from Boeing and Airbus, the most prominent commercial outcomes of the nuclear accord reached a year ago, face delays that could reduce or even…
A 45-strong delegation from Russia’s Astrakhan headed by the province’s governor, Alexander Alexandrovich Zhilkin are due to visit Tehran on July 25 to take part in a meeting of Iran-Russia…
The Iranian private sector has invested 3 trillion rials (more than $85 million at market exchange rate) for the construction of four berths in Anzali Port and Free Trade Zone in the northern…
The goods and services Consumer Price Index for urban areas increased 9% in the 12-month period ending July 21, which marks the end of the Iranian month of Tir, compared with last year’s…
The fourth meeting of Iran-Pakistan Border Trade Committee concluded in Quetta on Wednesday by agreeing to increase bilateral trade from the current $1 billion to $5 billion per year.
French carmaker PSA Group has signed a framework deal with Iranian counterpart SAIPA to produce and sell Citroen vehicles in the country.
Minister of Economy and Finance Ali Tayyebnia’s final day of his official visit to Kenya last week (Iranian weekdays end Friday) was packed with meetings with government officials.
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Iran is willing to purchase 25 short-haul aircraft worth up to $500 million from Japan’s Mitsubishi Aircraft Corporation, says deputy roads and urban development minister, Asghar Fakhrieh-Kashan…