Domestic Economy

Iran imported $13.4 million worth of goods from the US during the first three months of 2023, up 31.37% compared with $10.2 million in the same period of 2022, the latest data released by the US…

Iran registered $565 million in fishery trade in the financial year 2022-23 (ended March 20), registering an 8.6% rise compared with the year before, according to Abbas Mokhtari, an official…

The 5th international exhibition of the Export Capabilities of Iran, otherwise known as “Iran Expo 2023: Gate of Export”, is scheduled to be held from May 7 to May 10 at Tehran International…

The government’s bill on taxing frequent housing transactions can be considered the beginning of a new round of measures aimed at managing the housing market. The government hopes to control…

A total of 147,000 tons of goods worth $243.16 million were exported from Iran to Syria in fiscal 2022-23 (ended March 20), registering 10.6% and 11.4% rises in weight and value compared with…

Turkmenistan's President Serdar Berdimuhamedov announced on Wednesday that the country is planning to establish a transport corridor connecting Turkmenistan with Iran, Iraq, and Turkey.

Iran’s trade with Shanghai Cooperation Organization’s member states, excluding crude oil exports from the country, stood at 52.71 million tons worth $40.98 billion in fiscal 2022-23 (ended March…

The imbalance of banks is among the main contributors to inflation in Iran’s economy. This imbalance is mainly formed as a result of the government’s financing methods and sets off the growth…

The exhibition of investment opportunities of the Aras Free Economic Zone was held in Kapan, Armenia, and the event was signaled by a red-ribbon-cutting ceremony. Mayor of Kapan Gevorg Parsyan…

A total of 14.34 million tons of livestock feed worth $7 billion were imported to Iran in fiscal 2022-23 (ended March 20), registering a 19% fall in terms of weight, while the value remained…

A total of 521,862 tons of goods worth $198.49 million were exported from Kermanshah Province during the first month of the current fiscal year (March 21-Apr. 20), registering a 5% rise in terms…

Social security and insurance is a complicated issue in Iran given the favorable and dominant paradigm of social insurance during the last century, which is based on the Bismarckian model (…

The Food and Agriculture Organization of the United Nations has taken positive step towards curbing the spread of red palm weevil (RPW), a highly destructive transboundary pest that can cause…

Iran’s foreign trade excluding crude oil exports stood at $6.73 billion in the first month of the new fiscal year (March 21-Apr. 20), according to the latest statistics released by the Islamic…

The Islamic Republic of Iran Customs Administration says Iran intends to increase annual trade with the Eurasian Economic Union to $10 billion within less than two years.

Iran traded 655,526 tons of goods (excluding oil) worth $732.59 million with Latin American countries in the fiscal 2022-23 (ended March 20), registering a 62.06% and 41.21% fall in terms of…

A total of 6.89 million tons of goods worth $2.76 billion were exported from Kermanshah Province’s customs terminals in the fiscal 2022-23 (ended March 20), registering a 6% and a 1% rise in…

Iran’s economic growth stood at 3.7% during the nine months ending Dec. 21, 2022, which is lower than that registered in the preceding year’s corresponding period.  Where did this economic…

Exports of different forms of steel declined in the financial year 2022-23 (ended March 20), latest data released by the Iranian Steel Producers Association show. A total of 7.37 million tons…

A total of 62,595 tons of fresh and dried apples worth $215.09 million were exported from Iran in the fiscal 2022-23 (ended March 20), registering a 36% decline in terms of weight compared with…

The International North-South Transportation Corridor (INSTC) has witnessed a whopping surge of 360% in cargo transit after its Caspian Sea route was launched by Khazar Sea Shipping Lines…

Iran’s trade with Afghanistan (non-oil exports plus imports) stood at 3,405 tons worth $1.66 billion in the fiscal 2022-23 (ended March 20), registering a 10% fall in terms of value compared…

Red meat production in Iran's official slaughterhouses stood at 45,412 tons during the 12th month of last Iranian year (Feb. 20-March 20) to register a 17% decrease compared to the previous…

A total of 461,145 tons of goods worth $406.49 million were exported from the city of Kashan located in the north of Isfahan Province in the fiscal 2022-23 (ended March 20), according to…

A total of 158,183 tons of goods were loaded and unloaded in Gilan Province’s Anzali Port during the current Iranian year’s first month(March 21-April 20), registering a 52% rise in throughput…