Domestic Economy

National Iranian Copper Industries Company and its subsidiaries, including Sungun, Miduk and Sarcheshmeh copper complexes, produced an aggregate of 890,347 tons of copper concentrate during the…

With an output of 13.26 million tons, Mobarakeh Steel Company held the largest share of steel production in Iran during the first nine months of the current fiscal year (March 21-Dec. 21, 2019…

The World Bank estimates that Iran's economy shrank 8.7% in 2019 compared to the previous year. The international financial institution's latest estimate in its January 2020 edition of "Global…

Iran produced 197,500 tons of polyester yarn during the first eight months of the current Iranian year (March 21-Nov. 21) to register an increase of around 22% compared with the output in last…

For European businesses, it is a period of high uncertainty in Iran. No one can envy the challenges of decision-making facing their CEOs. 

Iran produced 800 tons of acrylic fibers during the first eight months of the current Iranian year (March 21-Nov. 21) to register a decline of 66% compared with last year’s corresponding period…

Iran’s exports to Iraq stood at $6.3 billion in the nine months to Dec. 21, Hamid Hosseini, the secretary-general of Iran-Iraq Chamber of Commerce, said. “In the two months ending Nov. 21, Iran…

With a total of 1.37 million tons of exports during the first nine months of the current Iranian year (March 21-Dec. 21, 2019) and 108,127 tons in the ninth month (Nov. 22-Dec 21), Khouzestan…

The number of passengers using road-based public transport services has increased to 100 million in the nine Iranian months ending Dec. 21 from 92 million during last year’s corresponding period…

Mazandaran Province exported 59,000 tons of commodities in the ninth Iranian month (Nov. 22-Dec. 21, 2019) to register a twofold increase compared with last year’s similar month.

Iran's steel production chain exports hit 7.8 million tons during the first eight months of the current fiscal year (March 21-Nov. 21, 2019) to register a 23.5% rise compared with last year’s…

A business delegation from Halabja in Iraqi Kurdistan was expected to visit Iran’s western Kermanshah Province starting Wednesday, announced the head of Kermanshah Chamber of Commerce,…

Iran produced 35.3 billion cigarettes during the first eight months of the current Iranian year (March 21-Nov. 21) to register an increase of 20% compared with last year’s corresponding period…

Iran’s steel production capacity is expected to reach 43.6 million tons by the end of the next Iranian year (March 20, 2021), while the actual production is estimated to hit 31.1 million tons by…

More than 23 years have passed since the World Trade Organization received Iran’s application for accession on July 19, 1996.  It took the organization nine years to accept Iran as an…

Iran produced 24,500 tons of pesticides during the first eight months of the current Iranian year (March 21-Nov. 21) to register an increase of 31% compared with last year’s corresponding period…

Iran’s East Azarbaijan Province exported $282 million worth of agricultural products during the first nine months of the current Iranian year (March 21-Dec. 21, 2019) to register a 45% increase…

The services sector employed 50% of the Iranian employed population (12.22 million) in the third quarter of the current Iranian year (Sept. 23-Dec. 21, 2019), 0.1% more than the corresponding…

The United States has specifically warned South Korean pharmaceutical companies manufacturing medicines for a group of rare diseases called mucopolysaccharidosis (MPS) against working with Iran…

A total of 19.2 million tons of goods worth $6.3 billion were exported from the southwestern Bushehr Province during the first three quarters of the current Iranian year (March 21-Dec. 21),…

Iran exported 556,000 tons of dried fruits and nuts worth $1.12 billion in the last Iranian year (March 2018-19). The volume of exports saw a 7% rise, but the value experienced a 31% decline…

A total of 22.27 million tons of essential goods were loaded and unloaded at Khuzestan Province’s Imam Khomeini Port during the first nine months of the current Iranian year (March 21-Dec. 21).…

Iran exported 143,970 tons of seafood worth $528 million during the last Iranian year (March 2018-19), according to director general of Seafood Quality Improvement, Processing and market…

More than 1.39 million tons of goods worth $760 million have been exported from Markazi Province since the beginning of the current fiscal year (March 21, 2019) to register a 24% and 2% growth…

Iran exported 11.4 million tons of cement and clinker during the first eight months of the current Iranian year (March 21-Nov. 21, 2019) to register a 22% rise compared with last year’s…