Domestic Economy

More than 1.5 million tons of commodities were exported from Khorramshahr Port in the southern Khuzestan Province during the first 10 months of the current Iranian year on March 21, 2018,…

Iran traded 856,698 tons of non-oil commodities worth $548.77 million with Malaysia during the first nine months of the current fiscal year (March 21-Dec. 21). Bilateral trade registered a 9.95…

Foreign Minister Mohammed Javad Zarif said Iran is willing to sign a deal with Iraq to drop customs tariffs between the two countries. "The Islamic Republic of Iran is prepared to eliminate…

The 17th Session of Cuba-Iran Intergovernmental Commission, whose main goal was to expand collaboration in various economic and health sectors, concluded in Havana on Wednesday, Prensa Latina,…

Cuban and Iranian enterprises were expected to sign agreements for cooperation in the fields of public health, commercial investment, energy, agriculture and sports. The agreements were lined…

Iranians buy 100 trillion rials ($900 million) worth of cigarettes annually and spend 350 trillion rials ($3.18 billion) on treatment of smoking-related diseases, the associate dean of Tehran…

Around $23 million worth of commodities, including agricultural, mineral and industrial products, were exported from Mahallat County in Markazi Province during the nine months to Dec. 21 to…

Iran traded 87,803 tons of non-oil commodities worth $140.65 million with Australia during the first nine months of the current fiscal year (March 21-Dec. 21), registering a 111.19% and 41.31%…

More than 7.06 million tons of oil and non-oil commodities were transited through Iran’s 32 land and marine borders during the first nine months of the current Iranian year (March 21-Dec. 21) to…

Iran traded 1.63 million tons of non-oil commodities worth $676.78 million with Indonesia during the first nine months of the current fiscal year (March 21-Dec. 21), registering a 5.12% and 13.1…

East Azarbaijan Province in northeastern Iran is home to 30 steel production units and annual earns $100 million from steel exports.  The province processes 5.5 million tons of steel per…

Sugar cubes, tomato paste, rice, fish, eggs and many other products categorized by the government as “essential goods”, importers of which get subsidized foreign currency, are now popping up in…

Iran’s two major coal producers' concentrate output stood at 522,947 tons during the first nine months of the current fiscal year (March 21-Dec. 21) to register a 3% increase compared with last…

About 25,000 tons of goods worth $16.2 million have been exported since the beginning of the current Iranian year (March 21, 2018) by small- and medium-sized enterprises based in the industrial…

The Iranian Ministry of Industries, Mining and Trade has removed 47 commodities from the list of banned imports. Commodities allowed for import under the new directive fall under the wide-…

Iran traded 3.86 million tons of non-oil commodities worth $2.03 billion with the nine members of the Commonwealth of Independent States, namely Russia, Azerbaijan, Kazakhstan, Armenia,…

Iran exported 5.06 million tons of agricultural and food products worth $4.76 billion during the first nine months of the current Iranian year (March 21-Dec. 21) to register a 15.3% growth in…

The parliamentary body responsible for reviewing the budget bill, Majlis Joint Commission, approved the outlines of the government-proposed budget for the next Iranian year (March 2019-20) on…

East Azarbaijan Province exported 1.95 million tons of goods worth $1.64 billion to 98 countries in the nine months to Dec. 21. The exports registered a 5.4% and 7.2% growth in weight and value…

In only 3% of all countries, the central banks are responsible for collecting and publishing statistical information, the deputy head of the Statistical Center of Iran said. 

Iran's major aluminum producers' output stood at 249,017 tons during the nine months to Dec. 21, which indicates a 1% decrease compared with last year's corresponding period, the Iranian Mines…

Iran has 157 four- and five-star hotels and by the end of President Hassan Rouhani’s second term in 2021, the figure will increase to 210. 

Iran produced 41 million tons of cement during the nine months to Dec. 21, of which 4.8 million tons were exported.  According to Iran Cement Association Secretary Abdolreza Sheikhan, each…

How can Iran’s economy make big inroads into sports industry when 70% of people are merely speculators and give physical activity a wide berth? This was a question participants of a meeting…

India would like to trade with Iran without violating any international laws, Indian Commerce and Industry Minister Suresh Prabhu said on Thursday.