Domestic Economy

A total of 155,000 tons of goods worth $136 million were exported from Semnan Province during the seven months to Oct. 22, registering a 51% increase in value compared to last year’s…

Exports of books published in Iran to Persian-speaking countries and territories have declined in recent years.  Tajikistan, Afghanistan, Iraq and Turkey are the five major markets for…

Abundant rainfall in Iran this year has increased the risk of the deadly avian flu outbreak in chicken farms, says the head of Iran Veterinary Organization, Alireza Rafieipour. Rainfall fills…

Malaysian Prime Minister Mahathir Mohamad says Malaysia cannot trade with Iran, one of its big trading partners, due to sanctions. Speaking at a press conference on the sidelines of the 35th…

Tehran Chamber of Commerce, Industries, Mines and Agriculture will host a joint business conference with Armenia on Nov. 25. The event has been organized with the aim of exploring and…

The overall Producer Price Index for the services sector (using 2011 as the base year) stood at 373.1 in the second quarter of the current Iranian year (June 22-Sept. 22), indicating a 7.3%…

A business delegation from Wallonia, Belgium, is expected to visit Tehran to hold a conference and meet Iranian economic players on Nov. 30.

A total of 77,000 tons of red meat were produced in Iran during the second quarter of the current fiscal year (June 22-Sept. 22) to register a 22% decline compared with the similar period of the…

Refrigerated warehouses’ capacity in Iran has increased from 25 kilograms per capita in the fiscal 2012-13 to 65 kilograms per capita in the current year (March 2019-20), according to Changiz…

The National Iranian Copper Industries Company sold 117.51 trillion rials ($1 billion) worth of products during the seven months to Oct. 22 to register a staggering rise of 144% compared with…

Iran’s flag carrier Iran Air, also known as ‘Homa’, has increased the number of weekly flights from Tehran to Istanbul in Turkey from four to seven, the Ministry of Roads and Urban Development's…

Iran traded $985 million worth of non-oil commodities with the five member states of Eurasian Economic Union, namely Russia, Kazakhstan, Armenia, Kyrgyzstan and Belarus, during the first five…

Iran’s crude steel output is expected to hit 28 million tons by the end of the current Iranian year (March 19, 2020), 13.2 million tons of which have been realized so far, says Deputy Industries…

Outbound smuggling of pharmaceuticals to neighboring countries has provoked ongoing debates over the past few months.  Professionals in the fields of food and medicines believe outbound…

Iran’s trade with Turkey totaled $4.74 billion during the first nine months of 2019 to register a decrease of 36.61% compared with the corresponding period of 2018, data released by Turkish…

Chabahar Port handled a total of $800 million worth of commodities in the last fiscal year (March 2018-19) to register a 50% growth compared with the year before, according to the director of…

The biggest month-on-month price rise for a food item during the month ending Oct. 22 was 27.7% recorded for cucumbers, such that 1 kilogram was sold at 54,389 rials (48 cents).

A lack of integration in global trade means that the sharp recession in Iran will probably have limited spillovers to the rest of the region, according to the International Monetary Fund's…

Iran Air has launched three flight routes from Isfahan International Airport: one to the city of Ramsar located in the northern Mazandaran Province, another to the port city of Bandar Abbas in…

Iran Chamber of Commerce, Industries, Mines and Agriculture plans to send a business delegation headed by the chamber’s president, Gholamreza Shafei, to Karachi in Pakistan.

The average annual inflation gap measured by the Statistical Center of Iran among income deciles stood at 2.2% in the seventh Iranian month (Sept. 23-Oct. 22), indicating a 0.1 percentage point…

Iran would need oil priced at $194.6 a barrel to balance its budget next year, the International Monetary Fund said. Hurt by tighter US sanctions, Iran—a key member of the Organization of…

The Swiss Federal Council adopted a dispatch on a protocol to the double tax agreement (DTA) with Iran on Oct. 23, which implements the minimum standards for such agreements. The council said…

A total of 800,000 tons of unrefined vegetable oil were imported into Iran during the first seven months of the current Iranian year (March 21-Oct. 22), registering a 10% rise compared with the…

Iran traded 2.52 million tons of agrifood products worth 1.09 billion with the Eurasian Economic Union in the last Iranian year (March 2018-19), according to Shahrokh Shajari, director general…