Domestic Economy

Around $645 million worth of commodities have been exported from West Azarbaijan Province since the beginning of the current Iranian year on March 21 to register an 86% surge compared with the…

Iran's trade surplus of mineral products increased to $4.58 billion at the end of the eighth month of the current fiscal year on Nov. 21, latest official data show. Iran exported about 39.88…

Iran traded 800,221 tons of non-oil commodities worth $533.78 million with Latin American countries during the first seven months of the current fiscal year (March 21-Oct. 22) to register a 37.…

The International Conference on Harmonization of Technical Requirements for Registration of Pharmaceuticals for Human Use (ICH) admitted Iran as an observer member in its November assembly.…

Inflation data provided by the Central Bank of Iran indicate a marked gap between Consumer Price Index and Producer Price Index trends. 

Chairman of Iran Chamber of Commerce, Industries, Mines and Agriculture Gholamhossein Shafei met with President of the Russian Federation's Chamber of Commerce and Industry Sergey Katyrin in…

Iranian poultry farms have been dealing with the deadly avian flu, especially the H5N8 strain of the virus, for several years now. The virus has done a number on Iran’s poultry industry. …

The next fiscal year’s budget bill (March 2019-20) stands at 17,300 trillion rials ($150.4 billion), which puts it 41.5% more than the 12,225 trillion rials ($106.3 billion) approved for the…

Iran’s trade with Oman reached $870 million during the seven months since the beginning of the current Iranian year (March 21-October 22) to register a 50.77% upsurge compared with the similar…

A cargo shipment en route from Ningbo Port in China’s eastern Zhejiang Province is scheduled to arrive at Iran’s northern Caspian port in Bandar Anzali, Gilan Province, on Dec. 9.

The latest data published by the Central Bank of Iran show that Iran’s point-to-point inflation in November reached 39.9%, the highest level in the past five years.  However, point-to-…

The research arm of Iranian Parliament has determined the absolute poverty line in urban and rural areas of the country in its latest analytical study.  

A temporary agreement previously reached on the formation of a free trade zone with Iran has been finalized in a summit meeting of Eurasia Economic Union in St. Petersburg, Russia, Russian media…

The Plan and Budget Organization of Iran submitted the government's budget bill for the next fiscal (March 2019-20) to the parliament in time on Thursday (known as Budget Day). The timely…

Iran traded 1.43 million tons of non-oil commodities worth $517.78 million with Africa during the first seven months of the current fiscal year (March 21-Oct. 22) to register a 2.67% and 7.1%…

Austrian Ambassador to Iran Stefan Scholz surveyed ways of expanding economic cooperation with Chairman of Hamedan Chamber of Commerce, Industries, Mines and Agriculture Ali Asghar Zebardast,…

Pakistan and Iran have agreed to enhance trade relations and improve rail connectivity. The understanding came at the 10th round of Pakistan-Iran Political Consultations in Islamabad, Daily…

Close to 51.8 million interprovincial road journeys were made during the first eight months of the current Iranian year (March 21-Nov. 21), registering an 8% increase compared with the similar…

More than 1.45 tons of commodities worth over $1.76 billion were exported from East Azarbaijan Province in northeastern Iran to 96 countries during the first eight months of the current Iranian…

Iran has reported an outbreak of the highly pathogenic H5N8 bird flu virus among backyard poultry in the north of the country, the Paris-based World Organization for Animal Health said on Monday…

Iran traded 27.4 million tons of non-oil commodities worth $13.84 billion with six Persian Gulf nations, namely Iraq, the UAE, Kuwait, Qatar, Bahrain and Saudi Arabia, during the first seven…

Iran exported 171,540 tons of apples worth $83.24 million to 24 countries in the first seven months of the current Iranian year (March 21-Oct. 22), showing a 106.13% and 135.54% upsurge in…

Rice imports have resumed in Iran following a letter sent by Deputy Agriculture Minister Ali Akbar Mehrfard to the caretaker of Trade Promotion Organization of Iran Mohammad Reza Modoudi.…

A forum aimed at exploring investment and financing opportunities in Iran's rail sector was held in Tehran on Sunday, which surveyed financial challenges in the area by top rail and capital…

Iran exported $176 million worth of hand-woven carpets during the first seven months of the current Iranian year (March 21-Oct. 22), which shows a 20% fall compared with the similar period of…