Bottled water exports from Iran earned $10 million in the fiscal 2021-22 (ended March 20), marking a twofold rise compared to the previous year, according to Peyman Forouhar, secretary of…
Domestic Economy
The Statistical Center of Iran has released a new report on inflation in the first month of the current Iranian year (started March 21). According to the latest data, the annualized inflation…
A railroad connecting Rasht and Astara in Iran, which should become part of the International North-South Transportation Corridor, will be built by the end of 2027, Russian First Deputy Prime…
Iran and Russia have signed an agreement for enhancement of tourism cooperation. The agreement was signed on Friday by Iran’s Deputy Minister of Cultural Heritage, Handicrafts and Tourism Ali-…
A total of 77,932 tons of rice worth 26.13 trillion rials ($91.69 million) were imported to Iran in the first month of the current fiscal year (March 21-April 20), registering a 52% and 66% fall…
China has been the biggest destination for Iran’s exports of minerals and mining products in terms of value in recent years, the latest data released by the Iranian Mines and Mining Industries…
Total trade in goods and services (exports plus imports) between the UK and Iran was £696 million in the four quarters ending Q4 2022, an increase of 71.9% or £291 million in current prices from…
Jakarta and Tehran have concluded the final stage of negotiations on a trade agreement, the Indonesian Trade Ministry said on Wednesday.
A delegation from Iraq’s Kurdistan Regional Government is due to visit Iran at the end of May to meet with government officials to strengthen bilateral trade relations. The KRG delegation will…
Iran’s trade with India fell 24% during the first three months of 2023 compared with the same period of last year to stand at $510 million, latest data released by the Indian Ministry of…
Since 2002, Iran, Russia and India have worked intermittently on a new transportation system by rail, road and sea — running 4,500 miles through at least six Eurasian countries and benefitting…
The top leaders of Pakistan and Iran on Thursday inaugurated the first border market, as relations warm between the two countries, officials said.
In recent decades, Iran’s economy has been grappling with a major challenge, namely government intervention in the economy at various levels, which started at the beginning of the 199…
Iran and the European Union’s 27 member states traded €1.17 billion worth of goods during the first three months of 2023, registering an 11.4% fall compared with the same period of the year…
Trade between Iran and the Economic Cooperation Organization’s member states reached 29.47 million tons worth $19.73 billion in the fiscal 2022-23, registering a 4.51% fall in terms of weight,…
A total of 221,690 tons of watermelon worth $46.54 million were exported from Iran during the first month of the current Iranian year (March 21-April 20), according to the Agriculture Ministry…
Iran’s construction sector is expected to grow by 6.5% to reach 2,516,729 billion rials in 2023 and 3,133,384.9 billion rials by 2027, according to ResearchAndMarkets.
Iran and Russia have signed an agreement to complete the construction of the missing rail link along the International North-South Transportation Corridor.
A total of 220,00 tons of goods worth $90 million were exported from Iran to Iraq via Parvizkhan border terminal during the first month of the current fiscal year (March 21-April 20),…
Iranian steelmakers produced a total of 3.06 million tons of semi-finished products in the first month of the current fiscal year (March 21-April 20), 6% more than in the corresponding period of…
Iran’s Minister of Roads and Urban Development Mehrdad Bazrpash met with Vice President of the UAE Sheikh Mansour bin Zayed Al Nahyan on the sidelines of the 17th annual exhibition and…
The Iranian National Tax Administration collected 430 trillion rials ($826 million) during the first month of the current fiscal year (started March 21), 49% more than in the corresponding…
Domestic air passenger traffic registered a rise of 5% during the first month of the current Iranian year (March 21-April 20), as 3.22 million passengers were flown internally by Iranian…
Rising public interest in the stock market is good news for any economy, as it signals an improvement in production through market dynamics. However, in Iran, every time people turn to the stock…
Iranian captain Hassan Rostam has braved the Strait of Hormuz aboard his barge boat for four decades, but now watches with despair as the wooden boats are being replaced by cheaper, faster boats…
