Domestic Economy

The government earned 1,090 trillion rials ($7.26 billion) in tax revenues during the last Iranian year (ended March 20, 2019). Caretaker of the Iranian National Tax Administration Mohammad…

Iran is estimated to have produced 2.8 million tons of barley during the fiscal 2018-19 (US local marketing year) to indicate a 9.67% decrease compared with the year before, the United States…

Iran’s 21 major ports loaded and unloaded 11.79 million tons of commodities in the first month of the current Iranian year (March 21-April 20) to register a 5.8% decline compared with the…

Iran is estimated to produce 14.5 million tons of wheat during the fiscal 2018-19 (US local marketing year), to indicate a 3.57% rise compared with the year before, the United States Department…

Tehran Province, wherein lies the capital city, registered an unemployment rate of 12.6% in the last fiscal year (March 2018-19).  The above-mentioned rate is 12.2% for urban areas of the…

Iran traded 1.46 million tons of non-oil commodities worth $118 million with Bangladesh in the last fiscal year (ended March 20, 2019) to register a 4.53% and 13.89% decline in tonnage and value…

A total of 3,857 tons of rosewater worth $7.8 million were exported from Iran to 40 countries in the last Iranian year (March 2018-19), latest figures released by the Islamic Republic of Iran…

Raw silk cocoon production is estimated to reach 1,400 tons in the current fiscal year (March 2019-20) to register a 43.15% increase compared with last year, the deputy agriculture minister for…

US sanctions will fail to halt Iran’s exports of industrial metals.  This response was echoed by several economic operators from Iran’s metals sector, including iron, steel, aluminum and…

Iran traded 75,184 tons of non-oil commodities worth $113 million with Canada in the last Iranian year (ended March 20, 2019) to register a 40.09% growth in tonnage and 30.46% decline in value…

Iran traded 118.64 million tons of non-oil commodities worth $62.7 billion with member states of the United Nations’ Asia-Pacific region in the last fiscal year (ended March 20, 2019) to…

Machine-made carpets account for half of Iran's textile exports, says Alireza Haeri, a board member of Iran Textile Specialists Association. The official noted that Iran exports $700 million…

Iran’s underground economy, according to latest data disclosed by the Ministry of Economic Affairs and Finance, was worth 5,360 trillion rials ($34.35 billion) in the year ending March 20, 2018…

Imam Khomeini Airport’s Salam Terminal is ready for inauguration, managing director of Imam Khomeini Airport City Company Ali Rostami said after a visit to the new terminal on Saturday. 

Iran traded 256,551 tons of non-oil commodities worth $141 million with Sri Lanka in the last fiscal year (ended March 20, 2019) to register a 53.58% growth in tonnage and 8.22% decline in value…

Iran traded 180,429 tons of non-oil commodities worth $192.82 million with Balkan countries in the last Iranian year (ended March 20, 2019) to register a 21.03% and 14.58% increase in tonnage…

A blaze at the historic Tabriz Bazaar, northwest Iran, on Thursday is estimated to have caused losses worth 200 billion rials ($1.28 million) to the centuries-old site.

It is widely believed that the new round of sanctions imposed by the administration of US President Donald Trump on Iran's industrial metals will have little impact in practice.

Work on setting up a special purpose vehicle for business with Iran is taking longer than expected, a German government spokesman said on Wednesday. “Currently, the last steps need to be taken…

Iran traded 5.13 million tons of non-oil commodities worth $3.03 billion with member states of the United Nations’ Eastern European Group in the last Iranian year (ended March 20) to register a…

Iran traded 133,762 tons of non-oil commodities worth $230 million with Vietnam in the last Iranian year (ended March 20, 2019) to register a 42.22% and 448.18% decline in tonnage and value…

Trade between Iran and EU member states during the first two months of 2019 stood at €757 million to register a nearly 80% plunge compared with last year’s corresponding period. Iran’s trade…

In a surprise move, the federal government of Iraq has announced it will ban the import of juice and beverages as well as ice-cream and pastry from Iran as of June 1, citing a bid to support its…

The overall Producer Price Index for the services sector (using 2011 as the base year) stood at 296.5 in the last Iranian year (March 2018-19), indicating a 22.2% increase compared with the year…

Iran's non-oil foreign trade during the first month of the current fiscal year (March 21-April 20) stood at $4.87 billion.  Compared with statistics provided by the Islamic Republic of…