Iran's trade (excluding crude oil exports) with Caspian Sea littoral states reached 4.88 million tons worth $2.12 billion during the first eight months of the current fiscal year (March 21-Nov.…
Domestic Economy
Iran’s first trade center licensed by the Trade Promotion Organization of Iran was inaugurated in Dubai, the UAE. As Iran Chamber of Commerce, Industries, Mines and Agriculture reported, the…
Iran’s gross domestic product grew by 3.3% in the first half of the current fiscal year (March 21-Sept. 22) compared with last year’s corresponding period, the Central Bank of Iran reported on…
At present, the Iranian people and economic players are facing a bevy of unresolved governance, economic, social, environmental, international, political and cultural challenges, and…
Domestic passenger traffic in Iranian airports registered a year-on-year growth of 13% during the current fiscal year’s first eight months (March 21-Nov. 21), as 17.19 million passengers were…
A total of 10.28 million tons of raw materials for the production of animal feed worth $3.78 billion were imported during the current fiscal year’s first eight months (March 21-Nov. 21),…
A new report by the Iranian Steel Producers Association shows Iranian steelmakers produced a total of 18.53 million tons of semi-finished products during the first eight months of the current…
Contractionary fiscal policies included in the fiscal 2022-23 budget bill will lead to higher unemployment, Mohammad Reza Monjazeb, an economic expert said in an article published by the Persian…
Trade between Iran and Economic Cooperation Organization’s nine members stood at 21.78 million tons worth $10.45 billion in the current fiscal year’s first eight months (March 21-Nov. 21),…
The fiscal 2022-23 budget is riddled with problems and contradictions, as well as unrealistic figures, Mehdi Pazouki, an economic expert, says in an article for the Persian daily Ta’adol.…
A total of 2,444 tons of tobacco were produced in Iran during the first half of the current fiscal year (March 21-Sept. 22), registering a 265.3% growth compared with the 669 tons produced in…
Between 30% and 40% of Iran’s exports to Afghanistan are undertaken by Afghan migrants in Iran, according to the director general of the Export Expansion Department of the Trade Promotion…
The Government Trading Corporation has imported a record high of 6.2 million tons of essential goods since the beginning of the current Iranian year (started March 21), the director general of…
The fifth edition of Transport, Logistics and Related Industries Exhibition was inaugurated in Tehran on Dec. 19. A total of 223 companies are participating in this exhibition, of which…
A total of 1.1 million tons of pomegranates are expected to be produced from around 90,000 hectares across the country by the end of the current Iranian year (March 20, 2022), according to an…
The Ministry of Industries, Mining and Trade's survey of the current Iranian year’s first seven months (March 21-Oct. 22) shows the output of 16 industrial products (out of 27) registered growth…
The government will run a deficit of 3,000 trillion rials ($10 billion) in the next fiscal year (March 2022-23) as per the figures of the budget bill recently submitted to the parliament for…
Iran traded 68 million tons of goods worth $33 billion with its 15 neighboring countries during the current Iranian year’s first eight months (March 21-Nov. 21), registering a 19% and 45% rise…
On Dec. 12, Iran’s President Ebrahim Raisi submitted his proposed budget to parliament for the Iranian year 2022-23, which begins in March.
A total of 14,096 tons of Iran’s agrifood export consignments worth $9.19 million were sent back by nine export destinations during the first eight months of the current Iranian year (March 21-…
A total of 137,000 tons of fresh tea leaves worth 7.6 trillion rials ($26.76 million) have been harvested in Iran during the current fiscal year that started on March 21, showing a 3% and 48%…
Nineteen major steelmakers of Iran exported an aggregate of 4.94 million tons of steel products during the current fiscal year’s first eight months (March 21-Nov. 21), registering a 22% year-on-…
The Ministry of Industries, Mining and Trade's review of the current Iranian year’s first seven months (March 21-Oct. 22) shows the output of six mineral products (out of 11 under review)…
A new shipment of Covid-19 vaccines arrived on Dec. 16, bringing the total volume of such imports to 150.11 million doses, according to Mehrdad Jamal Arvanaghi, the technical deputy of the…
The Second Trilateral Working Group Meeting was attended by India, Iran and Uzbekistan on the joint use of Chabahar Port virtually on Dec. 14, 2021.