Iranian steelmakers registered production growth during the first six months of the current fiscal year (March 21-Sept. 22) compared with last year’s corresponding period. According to the…
Domestic Economy
The damage inflicted on Iran’s economy at this particular time (nationwide internet shutdown in response to protests) is estimated to stand at $1.5 million or 450 billion rials per hour,…
Iran traded 23.68 million tons of goods worth $13.96 billion with the six Persian Gulf littoral states, namely Iraq, Kuwait, Qatar, the UAE, Bahrain and Saudi Arabia, during the first six months…
A total of 148,555 tons of poultry were produced in Iran’s official slaughterhouses in the sixth month of the current fiscal year (Aug. 23-Sept. 22), indicating a 16% rise compared with last…
A total of 21.15 million tons of minerals and mining industry products worth $5.62 billion were exported by major producers in Iran during the first half of the current fiscal year (March 21-…
The five littoral states of the Caspian Sea have agreed to extend the ban on sturgeon harvest from the sea by one year, according to an official with Iran Fisheries Organization. “The ban has…
A total of 200,000 tons of olives are estimated to be produced in Iran by the end of the current Iranian year in March, registering a twofold increase compared with last year, according to an…
The unemployment rate of those between 18 and 35 years stood at 16.2% in Iran in the second quarter of the current Iranian year (June 22-Sept. 22), posting a year-on-year decrease of 1.4%,…
Iran and the European Union’s 27 member states traded €3.44 billion worth of goods during the first eight months of 2022, registering a 14.82% rise compared with last year's corresponding period…
Iran exports saffron to 65 countries, says vice president of the Association of Saffron Producers and Exporters of South Khorasan. “Iran is the producer of the best and high-quality saffron in…
A total of 3.8 million tons of wheat have been imported since the beginning of the current Iranian year on March 21, which shows a 40% drop compared with the similar period of last year, the CEO…
Passenger traffic in Iranian airports registered a year-on-year rise of 34% in the current fiscal year’s first six months (March 21-Sept. 22), as 16.02 million passengers were flown domestically…
Edible oil imports are henceforth entitled to zero percent tariff, which move is aimed at reducing prices in the domestic market, according to Ali Qasemi, an advisor to the agriculture minister…
Underemployment, the condition in which people in a labor force are employed for less than 44 hours of service per week, stood at 9.2% in the second quarter of the current Iranian year (June 22-…
With the conclusion of free trade talks between Iran and the Eurasian Economic Union, the two sides will most likely start exchanging goods with zero tariffs as of the next Iranian year (…
A Brazilian bank has announced that it will provide Iranians with 80% of the resources needed to fund Iran’s agricultural outsourcing in the Latin American country, says the head of Iran-Brazil…
Iran and Turkey traded $3.65 billion worth of goods during the first eight months of 2022 to register a 29% year-on-year rise, latest data released by the Turkish Statistical Institute show.…
A total of 13,602 tons of goods worth $19 million were exported from Malayer, a county located in Hamedan Province, in the first six months of the current Iranian year (March 21-Sept. 22),…
Tehran Chamber of Commerce, Industries, Mines and Agriculture plans to send a trade mission to Belarus for an official visit from Nov. 15-18. The delegation, scheduled to visit PRODEXPO 2022 in…
The employment rate was reported at 37.3% (23.77 million) in the second quarter of the current Iranian year (June 22-Sept. 22) by the Statistical Center of Iran, up 0.1% compared with the same…
Semnan Province exported 161,000 tons of products worth $62 million to 29 countries worldwide during the first six months of the current fiscal year (March 21-Sept. 22), registering a 7% and a…
Iran’s world ranking rose to fifth in terms of copper reserves, says the National Iranian Copper Industries Company’s vice president for development and discovery, noting that until recently,…
The share of higher education unemployment from the total unemployed population in Iran was at 40.9% in the second quarter of the current Iranian year (June 22-Sept. 22), registering a year-on-…
The banking sector performs key tasks in today’s economy and is viewed as one of the main economic players of a country.
More than $1 billion worth of rice were imported to Iran during the current Iranian year’s first five months (March 21-Aug. 22), data released by the Islamic Republic of Iran Customs…