Domestic Economy

Iran traded 503,588 tons of non-oil commodities worth $659.18 million with Japan during the 11 months to Feb. 19, registering a 53.9% and 33.81% decline in tonnage and value respectively…

Latest economic indicators for manufacturing sectors provided by the Statistics and Economic Analysis Center of the Iran Chamber of Commerce, Industries, Mines and Agriculture suggest Iranian…

Around $80 billion worth of agricultural products are produced in Iran every year, $75 billion of which are consumed inside the country, the agriculture minister said. “Iran currently meets 85…

Iran recorded a non-oil trade surplus of $8.24 billion with Persian Gulf littoral states, such as the UAE, Iraq, Kuwait, Qatar, Bahrain and Saudi Arabia, during the 11 months to Feb. 19, 2019.…

Iran's gross domestic product saw a contraction of -3.8 during the three quarters of the last fiscal year (March 21-Dec. 21, 2018) compared to the corresponding period of the year before, the…

Conditions have never been as favorable as they are now for the Central Bank of Iran to launch the much-touted Open Market Operation policy, a financial expert says. 

Iran’s unemployment rate, the proportion of jobless population of those above 10 years, stood at 12% in the last Iranian year (March 2018-19), indicating a 0.1% rise compared with the year…

Recent floods in Iran are estimated to have caused up to 350 trillion rials ($2.5 billion) in damages so far, the interior minister said. In an address to the parliament on Sunday, Abdolreza…

Iran traded 91,063 tons of non-oil commodities worth $161.21 million with Australia during the 11 months to Feb. 19, registering a 67.86% and 13.47% growth in tonnage and value respectively…

The Islamic Republic of Iran Shipping Lines’ global ranking based on the capacity of freight handling improved from 23rd in fiscal 2015-16 to 13th last year (March 2018-19), IRIB News quoted…

More than 15.09 million tons of non-oil commodities worth $7.17 billion were exported from Iran's Khuzestan Province during the 11 months to Feb. 19 to register an 11% decline in tonnage and 12…

Iran recorded a non-oil trade surplus of $4.4 billion with members of the Economic Cooperation Organization, namely Turkey, Afghanistan, Pakistan, Azerbaijan, Turkmenistan, Kazakhstan,…

Iran traded 3.46 million tons of non-oil commodities worth $1.81 billion with the five member states of Eurasian Economic Union, namely Russia, Kazakhstan, Armenia, Kyrgyzstan and Belarus,…

Iran has been placed by the Food and Agriculture Organization of the United Nations in the group of countries where crops face the threat of desert locusts.  This means that the country…

Some $500 million worth of greenhouse crops were exported from Iran during the last Iranian year (March 2018-19), which shows a more than twofold increase compared with the previous year. The…

Iran recorded a non-oil trade surplus of $1.69 billion in the last fiscal year (March 2018-19).  The country’s overall non-oil foreign trade during the 12 months stood at $86.92 billion.…

Iranian rolling stock manufacturer, Wagon Pars Company, built 290 freight and seven passenger wagons in the last Iranian year (March 2018-19) at a cost of 812 billion rials ($6 million), the…

Trade between Iran and EU member states during the first month of 2019 stood at €343.38 million to register an 82.72% decline compared with last year’s corresponding period. Iran’s trade with…

The goods and services Consumer Price Index in Kurdestan Province saw an increase of 58.3% during the month to March 20 compared with the similar month of last year, the highest among all…

The International Monetary Fund has forecast a deepening recession for Iran's economy this year, projecting real GDP growth of -6% in 2019 after a contraction of 3.9% the year before. In its…

The government will no longer grant subsidized foreign currency for the import of red meat, Deputy Agriculture Minister Morteza Rezaei told Fars News Agency. 

With the planned construction of 13 towns by New Towns Development Company, the number of Iran's satellite towns will reach 30. 

Iran and Slovenia discussed ways of improving bilateral economic and trade cooperation. Director General for Economic and Public Diplomacy at the Slovenian Foreign Ministry Alenka Suhadolnik…

During the extended Norouz holidays (March 16-April 6), more than 7.37 million passengers took to public road transportation to make 705,173 trips, Iran Road Maintenance and Transportation…

Iran traded 4.83 million tons of non-oil commodities worth $2.47 billion with the nine member of the Commonwealth of Independent States, namely Russia, Azerbaijan, Kazakhstan, Armenia,…