Domestic Economy

The Ministry of Health and Medical Education’s request to ban the export of cotton face masks was agreed upon by the Market Regulation Headquarters on Monday.

More than 2.21 quadrillion rials ($16.53 billion) worth of investments were made in industrial units, for which establishment permits were issued while more than 392 trillion rials ($2.92…

Iran’s nominal capacity for animal feed production currently stands at 23 million tons per year, only half of which is being utilized, according to the chairman of Iran Feed Industry Association…

The government has discontinued the allocation of subsidized foreign currency for the import of eyed eggs, the head of Iran Fisheries Organization said. 

Qeshm, the largest island in Persian Gulf, exported 1,975 tons of commodities worth $21 million during the first 10 months of the current Iranian year (March 21, 2019-Jan. 20) to register a 237…

Government expenditure on civil development projects has been on the decline during March 2010-19.  Such capital expenditures accounted for 25% of the government’s general budget in the…

Iran’s exports of dairy products would reach 1 million tons by the end of the current Iranian year (March 19), says Deputy Agriculture Minister Morteza Rezaei. Iran’s main dairy export…

Spring fairs will be held in late February across the country, deputy industries minister Hossein Modarres Khiyabani said. A range of products, including shoes and bags, apparel, nuts, pastry…

Iran’s 21 commercial ports loaded and unloaded 116.65 million tons of commodities in the first 10 months of the current Iranian year (March 21-Jan. 20) to register a 2.02% rise compared with the…

The average Producer Price Index for industrial chicken farms in the third quarter of the current Iranian year (Sept. 23-Dec. 21, 2019) increased by 42.23% compared with last year's…

Tehran Mayor Pirouz Hanachi submitted the budget for the next fiscal year (March 2020-21) to the capital city’s Islamic City Council on Sunday.  “The ceiling set for next year’s budget is…

Iran's steel exports are expected to reach at least 10 million tons by the end of the current Iranian year (March 19) to earn the country between $4-5 billion, says Chairman of Iranian Mines…

The producer price index for the industrial sector in the third quarter of the current Iranian year (Sept. 23-Dec. 21, 2019) declined by 2.3% compared to the preceding quarter. This is the…

Imports of animal feed saw an 11% growth in weight and 22% increase in value to reach 10.05 million tons worth $2.75 billion in the nine months to Dec. 21, 2019.  Corn imports stood at 6.2…

In India, Rs17,300 crore ($2.41 billion) have been allocated for the Ministry of External Affairs in the budget, with Rs100 crore ($13.98 million) earmarked for the strategic Chabahar Port…

Iran exported $40 million worth of hand-woven carpets in the first eight months of the current Iranian year (March 21-Nov. 21, 2019). The export volume is a 10th of last year’s figure,…

A total of 7.8 million tons of finished and semi-finished steel products were exported from Iran during the first nine months of the current Iranian year (March 21-Dec. 21) to register a 40%…

A total of 220,000 tons of goods worth $196 million were exported form Semnan Province during the first 10 months of the current Iranian year (March 21, 2019-Jan. 20) to register a 16% and 42%…

The growth in overall Consumer Price Index in the 10th month of the current Iranian year (Dec. 22, 2019-Jan. 20) was the highest (1.5%) in Hormozgan Province when compared with the month before…

The Statistical Center of Iran has released a report reviewing price changes experienced by food products during the 10th month of the current Iranian year (Dec. 22, 2019-Jan. 20). The report…

Iran's apparent steel usage—defined as production plus imports minus exports, sometimes also adjusted for changes in inventories—during the eight months of the current Iranian year (March 21-Nov…

Iran’s trade with Turkey totaled $5.58 billion in 2019 to register a decrease of 40.09% compared to 2018, data released by the Turkish Statistical Institute show. Iran exported $3.27 billion…

The government will no longer allocate subsidized foreign currency for sugar import, as per the letter forwarded to the Central Bank of Iran by the Ministry of Industries, Mining and Trade.…

The private sector has signed investment contracts worth 54,982 billion rials ($407 million) with Ports and Maritime Organization of Iran for the development of Iranian ports during the 10…

East Azarbaijan’s small- and medium-sized industrial units and export consortiums exported about €94 million worth of commodities during the first 10 months of the current Iranian year (March 21…