Domestic Economy

Iran Airports Company registered 8,431 overflights during the month ending Aug. 21, which indicate a 15.57% increase compared with the previous month.  IAC statistics show 7,295 planes…

A total of 513,164 tons of goods worth $690 million have been exported from Sistan-Baluchestan Province’s customs terminals and border markets since the beginning of the current Iranian year on…

A total of 1.37 million tons of fruit and vegetable worth $425 million were exported from Iran during the first five months of the current Iranian year (March 20-Aug. 21).

A total of 1.3 million tons of commodities worth $535 million were exported from the western Kurdestan Province’s Bashmaq border crossing during the first five months of the current Iranian year…

With an output of 7.58 million tons, Mobarakeh Steel Company had the largest share of steel production in Iran during the first five months of the current fiscal year (March 20-Aug. 21). The…

The shortage and skyrocketing prices of alloy steel have scuttled over 70% of the domestic fastener sector’s production capacity, an industrialist says.

Iran Airports Company registered 88,269 takeoffs and landings during the first five months of the current Iranian year (March 20-Aug. 21) to register a 38% decline compared with the similar…

Local stationery production currently meets 80% of domestic demand for pens, pencils, pencil sharpeners and erasers, up from 20% two years ago, says the head of Stationery and Engineering…

The export of potatoes has been exempted from tax and customs duties by the Ministry of Industries, Mining and Trade.  According to Mohammad Reza Kalami, a senior official with the…

A 4-5% decline in the production sector’s tax rates has been envisioned in the next fiscal year's budget (March 2021-22).  "Tax on consumption, however, will increase next year," Mohammad…

A factory producing cement and prefabricated cement parts was launched on the southern Qeshm Island via videoconferencing by President Hassan Rouhani on Sept. 10. The private sector invested…

Import order registration for $1.96 billion worth of pharmaceuticals and medical equipment has been made from March 20 to Sept. 5, indicating a 9% decline compared with the corresponding period…

The average goods and services Consumer Price Index of education, among 12 groups of the basket of consumer goods and services purchased by households in the 12-month period ending Aug. 21,…

Close to 12.86 million tons of direct reduced iron were produced in Iran during the first five months of the current fiscal year (March 20-Aug. 21) to register an 8% rise compared with last year…

A total of 383 cooperative projects worth 30 trillion rials ($113 million) were recently launched across the country. “These cooperative projects, 281 of which are urban and the remaining 102…

Iran exported 3.06 million tons of agricultural and food products worth $2.13 billion during the first five months of the current fiscal year (March 20-Aug. 21). The figures indicate a 22.94%…

Three border crossings with Iraq, namely Chazzabeh and Shalamcheh in the southern Khuzestan Province and Mehran in the western Ilam Province, have reopened for exports on all weekdays as of Sept…

The Producer Price Index in the four-quarter period ending June 20, which marks the end of the first quarter of the current Iranian year, grew by 23.6% compared with the corresponding period of…

A total of 37,100 tons of red meat were produced in Iran during the month ending Aug. 21 to register a 41% rise compared with the similar month of last year and a 2.5% growth over the previous…

A four-hectare container terminal was inaugurated on Qeshm Island’s Free Trade Zone via videoconferencing by President Hassan Rouhani on Thursday.

A total of 2 million tons of goods worth $655 million were exported from Isfahan Province to 79 countries during the first five months of the current Iranian year (March 20-Aug. 21), registering…

The number of industrial units in the western province of Hamedan has seen an 83% rise in the last seven years to reach 1,300, according to a senior official with Hamedan Governorate.

Tehran Municipality’s revenues decreased by 33% over the first four months of the current fiscal year (March 20-July 21) compared with the corresponding period of last year, says Treasurer of…

The private sector in Iran has invested a total of 161.23 trillion rials ($626 million) in the country's ports under 333 contracts to date.

The Iranian Tobacco Company's output hit a two-year high of 900 million cigarettes in the month ending Aug. 21.  The company’s sales over five-month period (March 20-Aug. 21) increased by…