Domestic Economy

  • Bony Fish Output in Mazandaran Increases
    In the recently ended fishing season (Oct. 12, 2017-April 14), bony fish output in the northern Mazandaran Province bordering the Caspian Sea amounted to around 2,700 tons, marking a rise of 17.5%...
  • the Iraqi customs offices will henceforth give the go-ahead for the import of the 12 items bearing the Iranian standards logo.
    As per an agreement between Iranian and Iraqi customs officials, 12 Iranian commodities exported to the neighboring country will be exempt from Iraqi standards control inspections, the head of the...
  • 17% Rise in Exports From Hormozgan Ports
    A total of 1.4 million tons of non-oil goods were exported from the eastern ports of Hormozgan Province, including Shahid Bahonar Port, to Persian Gulf littoral states and East Asian countries,...
  • Tehran-Seoul Non-Oil Trade Tops $8b
    Iran’s non-oil trade with South Korea in the last fiscal year (ended March 20) stood at $8.09 billion, registering an increase of 27.77% compared to the year before. South Korea was Iran’s third...
  • Rural Loans for Entrepreneurs
    The government will offer loans ranging from 1 billion rials ($23,809) to 60 billion rials ($1.42 million) to entrepreneurs who create jobs in rural regions, the vice president for rural...
  • Tehran Road Cargo Transportation Grows 6.7%
    Over 3.26 million trucks transported about 33 million tons of cargo across Tehran Province in the last Iranian year (ended March 20), registering a 6.7% rise compared with the year before, a...
  • Over half of Iran’s commercial trading is carried out in Shahid Rajaee that also accounts for over 85% of all container throughput in the country.
    More than 87 million tons of cargo were loaded and unloaded in Shahid Rajaee Port in the southern Hormozgan Province during the last Iranian year (March 2017-18), registering an 8% increase...
  • Over $100m in FDI for Markazi Province
    Some $104 million in foreign direct investment were signed into agreement to be invested in Markazi Province in western Iran in the last fiscal year (March 2017-18).  “The investments were made in...
  • Karachi Port Trust Chairman Admiral Jamil Akhtar briefed the Iranian delegation about facilities and avenues available at the Deepwater Container Port for private investment.
    Iran’s Minister for Roads and Urban Development Abbas Akhoundi expressed interest in exploring...
  • Iran’s President Hassan Rouhani (R) and his Chinese counterpart Xi Jinping shake hands at the conclusion of a press conference in Tehran on Jan. 23, 2016.
    Islamic Republic of Iran Customs Administration's latest report shows China remains Iran’s top trading partner. Iran’s non-oil trade with the East Asian country totaled $22.28 billion in the last...
  • Textile, Apparel  Earn $970m
    About $970 million worth of textile products and apparel were exported from Iran in the last fiscal year that ended on March 20, 2018, to register an increase of 15% compared to the year before,...
  • Exports to Russia Rise 30%
    Iran’s exports to Russia witnessed a 30% rise in 2017 compared to the year before to stand at $392 million, Iran’s commercial attaché to Russia announced. Farhad Parand added that Iran’s imports...
  • Namibia Welcomes Agro Cooperation With Iran
    Namibia said it is interested in working with Iran in the fields of agribusiness and agricultural production.  
  • Nomads Produce 550,000 Tons of Red Meat, Dairy p.a.
    With 23 million head of livestock, Iranian nomads produce 200,000 tons of red meat and 350,000 tons of dairy products annually, the head of Nomadic Affairs Organization said.  Karamali Qandali...
  • Wheat Production Estimated to Reach 13.5m Tons This Year
    About 13.5 million tons of wheat are estimated to be produced in the country during the current Iranian year (started March 21), the deputy agriculture minister for agronomical affairs said. “The...
  • Dredging of Bushehr Container Berth Underway
    The dredging project of the container berth of Bushehr’s Negin Island has started with an initial investment of 210 billion rials ($5 million) to allow the docking of 50,000-ton vessels, caretaker...
  • SCI has put Q4 labor force participation rate at 39.7%, which indicates a 0.8% YOY rise and a 0.4% decrease compared with the third quarter.
    Iran’s unemployment rate in the fourth quarter of the last fiscal year (Dec. 22, 2017-March 20) stood at 12.1%, registering a 0.4% drop compared with the same period of the year before and a 0.2%...
  • Foreign Investment in Khorasan Razavi at $11.5m
    Foreign investors injected $11.5 million in industrial projects in Khorasan Razavi Province in the last Iranian year (March 2017-18), the managing director of Khorasan Industrial Estates Company...
  • Auto Parts Were Iran’s Main Import Last Year
    A total of $2.89 billion worth of auto parts, excluding tires, were imported during the last fiscal year (March 2017-18), more than any other commodity shipped into Iran during the period,...
  • Iran: Narrowing Budget Deficit Ups Development Spending by 70%
    Iran's government spent 316.3 trillion rials ($5.27 billion) on development projects in the first 11 months of the last fiscal year (March 21, 2017-Feb. 19), 70.1% more than the similar period of...
  • Kish Port Throughput Grows 68%
    More than 3.5 million tons of goods were loaded and unloaded at Kish Port located in the southern Hormozgan Province in the last Iranian year (March 2017-18), which shows a 68% rise compared with...
  • ‘Iran Jobex’ Scheduled
    The first edition of an international event dubbed “Iran Jobex” is slated to run from April 25 to 28 at Tehran’s International Fairground. The four-day event is aimed at showcasing latest...
  • Iran Prioritizes Export Commodities for Iraq
    Iran has listed the commodities that should be prioritized for export to neighboring Iraq. As reported by IRNA citing the Ministry of Industries, Mining and Trade, top priorities include...
  • Iran, Uzbekistan in Tariff Talks
    Iran and Uzbekistan are currently in talks to revise or remove import/export tariffs in bilateral...
  • East Azarbaijan Earns $2 Billion From Exports
    About $2 billion worth of non-oil goods were exported from East Azarbaijan Province during the 11 months to Feb. 19, registering an 8.6% increase compared with last year’s corresponding period,...

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