Domestic Economy

The retail price of onions in the month ending April 20 increased by 459.5% compared with the same period of last year.  A kilogram of onions was sold at 110,872 rials (77 cents) to…

Iran recorded a non-oil trade surplus of $8.75 billion with Persian Gulf littoral states, namely Iraq, Kuwait, Qatar, the UAE, Bahrain and Saudi Arabia, in the last fiscal year (ended March 20,…

Iran’s business environment has secured a modest improvement in the fourth quarter of the current fiscal year (Dec. 22, 2018-March 20) compared with the previous quarter, but a downturn over the…

Iran traded 5.64 million tons of non-oil commodities worth $4.61 billion with South Korea in the last fiscal year (ended March 20, 2019), registering a 51.05% and 43.03% decline in tonnage and…

Kurdestan Province’s goods and services Consumer Price Index registered an increase of 63.4% during the first Iranian month (March 21-April 20) compared with the similar month of last year, the…

Iranian steel mills produced a total of 6.22 million tons of crude steel during the first three months of 2019, up 7.1% compared with the corresponding period of 2018, the latest report released…

Iran traded 2.24 million tons of non-oil commodities worth $917.86 million with Indonesia during the last fiscal year (ended March 20, 2019), registering a 3.89% decline in tonnage and 0.52%…

Iran’s economy is expected to shrink for the second consecutive year and inflation could reach 40%, an International Monetary Fund’s senior official said, as the country copes with the impact of…

The Eighth Iran-Turkey Transportation Commission was held in Tehran on April 28-29.  Iran’s Deputy Minister of Roads and Urban Development Shahram Adamnejad and his Turkish counterpart,…

Iran traded 4.04 million tons of non-oil commodities worth $2.09 billion with the five member states of the Eurasian Economic Union, namely Russia, Kazakhstan, Armenia, Kyrgyzstan and Belarus,…

Iran traded 8.68 million tons of non-oil commodities worth $10.44 billion with members of the European Union during the last fiscal year (ended March 20, 2019) to register a 14.83% and 22.55%…

The average annual inflation gap measured by the Statistical Center of Iran among income deciles decreased 0.2% to reach 2.8% in the first Iranian month (March 21-April 20) compared with the…

Iran traded 2.48 million tons of non-oil commodities worth $948.72 million with Singapore during the last Iranian year (ended March 20, 2019), registering a 7.84% growth in tonnage and 4.5%…

Locust swarms threaten 1.25 quadrillion rials ($9 billion) worth of agricultural products across six provinces in southern Iran, the head of Plant Protection Organization affiliated with the…

Iran traded 968,360 tons of non-oil commodities worth $642 million with Malaysia in the last Iranian year (ended March 20, 2019) to register a 9.56% and 7.72% decrease in tonnage and value…

Iran exported 16,326 tons of tea worth $19 million to 37 countries in the last Iranian year (March 2018-19), which shows an 11.4% and 2.3% rise in weight and value respectively compared with the…

A total of 16.74 million tons of non-oil products worth $8 billion were exported from the southern Khuzestan Province to nine countries during the last Iranian year (ended March 20, 2019), which…

The Islamic Republic of Iran Railways will join the Ports and Maritime Organization of Iran and the Islamic Republic of Iran Customs Administration to carry out a rail-port transportation drill…

Iran exported 336,836 tons of medicinal plants worth $520 million during the 11 months to Feb. 19, Hossein Zeinali, an official with the Agriculture Ministry, said. The exports witnessed a $70-…

Major Iranian copper producers produced an aggregate of 1.17 million tons of copper concentrate in the last Iranian year (ended March 20) to register an increase of 3% year-on-year. 

Iran traded 67.6 million tons of non-oil commodities worth $35.58 billion with its 15 neighboring countries, namely the UAE, Iraq, Turkey, Afghanistan, Pakistan, Russia, Oman, Azerbaijan,…

About $200 million worth of detergents, cleansers, hygienic and cellulose products were exported in the last Iranian year (March 2018-19) and the figure is expected to increase to $300 million…

Iran traded 4.49 million tons of non-oil commodities worth $2.66 billion with the member states of United Nations’ Eastern European Group during the 11 months to Feb. 19 to register a 31.77% and…

The three main sectors of Iran’s economy, namely agriculture, mining and industries, delivered a poor performance in terms of production during the third quarter of the last fiscal year (Sept.…

The Industrial Development and Renovation Organization plans to launch the production of civil helicopters to meet domestic demand for emergency operations during natural disasters.