Domestic Economy

Iran’s domestic coal consumption revolves around 2 million tons per year, 1.5 million tons of which are supplied by domestic production while the remaining 500,000 tons are imported. 

A total of 185,000 Afghan refugees returned from Iran in the first five months of 2019. Of the number, 100,000 were deported while another 85,000 voluntarily returned, according to Afghanistan’…

The preferential trade agreement between member states of the Eurasian Economic Union and Iran is expected to enter into force this summer, said Armenia’s Economy Minister Tigran Khachatryan…

Omid Ali Parsa, the former head of the Statistical Center of Iran, has been appointed the director of Iranian National Tax Administration after the Cabinet's vote of confidence on Sunday.…

The World Bank has downgraded its estimates and forecasts on Iran's economic growth. In its latest Global Economic Prospects report published in June, it forecasts Iran's GDP to contract 4.5%…

A business delegation from Slovakia comprising representatives of 30 companies is scheduled to visit Iran from June 23 to June 26.

Iran traded 343,389 tons of non-oil commodities worth $152.97 million with member states of the United Nations’ Eastern European Group during the first Iranian month (March 21-April 20) to…

Cotton boll production is estimated to reach 180,000 tons in the current Iranian year (started March 21), from which about 60,000 tons of refined cotton are expected to be produced.  Both…

Iran recorded $5.75 million in non-oil trade surplus with countries in the Balkan region during the first month of the current fiscal year (March 21-April 20).

A total of 233 new cooperatives were registered in Iran during the second month of the current fiscal year (April 21-May 21), which shows a 40% decline compared with the corresponding period of…

Bushehr’s goods and services Consumer Price Index registered an increase of 65.3% during the second Iranian month (April 21-May 21) compared with the similar month of last year, the highest…

Iran traded 346 tons of non-oil commodities worth $2.21 million with Colombia during the last Iranian year that ended on March 20 to register a 77.29% and 18.96% decline in tonnage and value…

A ban on exports of day-old chickens, chicken meat and broiler eggs have been lifted by the Ministry of Industries, Mining and Trade in a letter sent to the Islamic Republic of Iran Customs…

Refusals on the part of some international airports to provide fuel to Iranian airlines have led the Civil Aviation Organization of the Islamic Republic of Iran to voice complaints to the…

The Producer Price Index in Iran during the last fiscal year (March 2018-19) grew by 47.5% compared with the year before, the Statistical Center of Iran reported. The index calculated for the…

The retail price of onions during the second Iranian month (ended May 21) increased by 306% compared with the same period of last year.  A kilogram of onions was sold at 73,802 rials (52…

Iran traded 1,454 tons of non-oil commodities worth $1.62 million with Peru in the last fiscal year (ended March 20, 2019) to register a 54.9% and 52.06% decline in tonnage and value…

Iran traded 442,475 tons of non-oil commodities worth $153.56 million with the nine member of the Commonwealth of Independent States, namely Russia, Azerbaijan, Kazakhstan, Armenia, Uzbekistan,…

Iran’s Varesh Airlines will launch direct flights on the Mashhad-Dushanbe route as of June 6.  The first flight from Tajikistan to Iran will be made by a Boeing 737-500 aircraft with a…

A huge fire erupted at Iranian dairy, food and beverage company Kalleh in Iraq on Wednesday. According to estimates, about 90% of the dairy plant has been destroyed while its meat processing…

As per the new directive of the Islamic Republic of Iran Customs Administration, date exporters need to pay duty for their shipments. The duties, depending on the type of dates, are either in…

Iran traded 4.62 million tons of non-oil commodities worth $1.71 billion with BRICS nations during the first Iranian month (March 21-April 20), registering a 48.02% rise in tonnage and 11.15%…

A business delegation led by President of Tehran Chamber of Commerce, Industries, Mines and Agriculture Masoud Khansari is scheduled to visit Minsk, the capital of Belarus, for four days…

Iran exported 98 tons of tomatoes worth $50.17 million during the first month of the current fiscal year (March 21-April 20), which indicates an 11.04% decrease in weight but a 53.54% rise in…

A total of 15,800 tons of bony fish were caught in the Iranian territorial waters of Caspian Sea during Oct. 7, 2018-April 17, 2019, fishing season, which shows a 44% increase compared with the…