Domestic Economy

A total of 470 million tons of minerals were extracted in Iran in the last fiscal year (ended March 19, 2020), says Minister of Industries, Mining and Trade Reza Rahmani, adding that the figure…

Iran’s 21 major ports loaded and unloaded a total of 9.28 million tons of commodities in the first month of the current Iranian year (March 20-April 19) to register a 22.09% decline compared…

The government has allocated 650 billion rials ($4 million) to the battle against desert locusts that have invaded southern parts of Iran since mid-February, according to the spokesman of the…

Four development projects in copper industry were inaugurated in Kerman Province on Thursday by President Hassan Rouhani. A total of 2.21 trillion rials ($13.64 million) have been invested in…

A total of 270,000 public complaints were filed against goods and service providers with the industries, mining and trade organizations of Iranian provinces during the last fiscal year (March…

The average annual Consumer Price Index for the transportation sector increased by 46.5% in the 12-month period ending April 19, which marks the end of the first month of the current Iranian…

Iran’s foreign non-oil trade stood at $3.58 billion in the month ending April 19, indicating a 27% decline compared with the same period of last year.  A total of 5.34 million tons of non-…

Iran exported handicrafts worth $427 million during the 11 months to Feb. 19, of which official exports accounted for $237 million, according to Pouya Mahmoudian, deputy cultural heritage,…

The Central Bank of Iran has updated and communicated the list of businesses directly hurt by the coronavirus outbreak to banks across the country, which are eligible to receive loans. …

The Ministry of Industries, Mining and Trade has recently lifted the 100,000-rial ($0.6) per kilogram duty on onion export, says Mohammad-Shafi’ Malekzadeh, the head of Iran’s Agricultural Guild…

Kazakhstan’s government has introduced a ban on the import of certain types of cement from countries outside the Eurasian Economic Union for a period of six months, an official with the Trade…

Iran’s commercial exchanges with the US stood at $15.5 million during the first three months of 2020 to register a 2.65% rise compared wit last year’s corresponding period. Latest data released…

Iran’s transportation sector has sustained an estimated loss of 80,000 billion rials ($495 million) following the outbreak of coronavirus, an official with the Ministry of Roads and Urban…

A total of 220,000 tons of essential goods have been transported via railroads since the beginning of the current Iranian year on March 20, registering a 30% rise compared with the similar…

The extra costs of demurrage, paid by merchants for each container used in the terminal beyond the permitted free time, are piling up on the livestock and poultry industry. 

Bazargan border crossing, located in northwest Iran, has reopened following negotiations among Iranian and Turkish officials. Bazargan is the capital city of Bazargan District in Maku County,…

Domestic demand for wheat in Iran currently amounts to 12 million tons per year, according to CEO of the National Foundation of Elite Farmers Ali Khan-Mohammadi. Some 14 million tons of the…

Iran and the Eurasian Economic Union have traded a total of 5.1 million tons of goods worth $1.78 billion from Oct. 27, 2019, when a preferential trade agreement between the two sides came into…

Unloading of non-oil products at Imam Khomeini Port in southwestern Khuzestan Province increased by 15% in the month leading to April 19 to reach 1.79 million tons.

Tax revenues reached 75,000 billion rials ($468.75 million) in the month ending April 19, which is far lower than revenues needed to meet government expenditures amounting to 270,000 billion…

The average Producer Price Index for the mining sector in the four-quarter period ending March 19, 2020, increased by 45.1% compared with the same period of last year, according to the latest…

A total of 94,900 tons of red meat were produced in Iran’s officially registered slaughterhouses during the fourth quarter of last fiscal year (Dec. 22, 2019-March 19), registering a 16%…

A total of 106,000 tons of imported rice have undergone customs clearance since the beginning of the current Iranian year (March 20), according to the spokesman of the Islamic Republic of Iran…

More than 64% respondents to an opinion poll in Tehran said they need government aid amid the coronavirus outbreak. 

A total of 5.1 million tons of commodities were transported by the rail network since the beginning of the current Iranian year (March 20), which indicates a 4% year-on-year increase, the head…