Domestic Economy

Iran and Turkey exchanged $339.19 million worth of goods and commodities in January 2021, marking a 0.99% increase compared with the previous year.  According to the latest data released…

Iran exported 36.09 million tons of mineral products valued at $5.61 billion during the first 10 month of the current Iranian year (started March 20, 2020). 

Fereydounkenar, Mazandaran Province’s only private-sector port, has joined the container shipping network of Khazar Sea Shipping Lines Company. 

The services sector’s share of the Iranian employed population reached 49% with 11.48 million in the third quarter of the current fiscal year (Sept. 22-Dec. 20, 2020), 1% less than the…

Iran’s economy grew by 0.8% during the third quarter of the current fiscal year (Sept. 22-Dec. 20, 2020), the Statistical Center of Iran’s latest report shows. Growth, excluding oil sector, was…

Turkish Airlines will resume its Shiraz-Istanbul flights on March 10, according to the general manager of Fars Province’s Airports, Gholamreza Karim-Aqaei.

Iran’s exports plummeted by up to 47% in the first month of the current fiscal year (March 20-April 19, 2020) on the back of the coronavirus pandemic, Mojtaba Mousavian, a senior official with…

Finding new tax bases is one of the parliament’s key tools to tackle budget deficit in the next fiscal year (starting March 21). 

The average goods and services Consumer Price Index of “clothing and shoes” in the 12-month period ending Feb. 18, which marks the end of the 11th month of the current Iranian year, increased by…

Tehran International Fairgrounds is hosting the Eighth International Exhibition of Rail, Transportation, Related Industries and Equipment, also known as “RAILEXPO 2021”.

A total of 220,000 tons of goods were transported through Golestan Province’s Incheh Borun railroad to Turkmenistan during the first 11 months of the current Iranian year (March 20, 2020-Feb. 18…

Iranian steel mills produced 2.6 million tons of crude steel in January 2021, which indicate a 10.2% rise compared with 2020 and mark the third highest growth in output on the list of world's…

Iranian airports' domestic passenger traffic during the first 10 months of the Iranian fiscal year (March 22, 2020-Jan. 19) declined by 42% year-on-year to 20.41 million, according to the latest…

Home appliance industry turnover, including chinaware and crystal glassware, amounts to a maximum $7 billion, of which $2 billion are attributed to smuggling, says Abbas Hashemi, secretary of…

A total of 295,518 tons of goods were exported from Bileh Savar border crossing of the northwestern Ardabil Province during the first 11 months of the current Iranian year (March 20, 2020-Feb.…

The average goods and services Consumer Price Index of “transportation” in the 12-month period ending Feb. 18, which marks the end of the 11th month of the current Iranian year, increased by 65.…

A new report by Iran Chamber of Cooperatives shows the Purchasing Managers’ Index for the housing sector is standing at a seven-month high of 64.28. PMI for the housing sector in the 11th month…

Iran exported $800 million worth of commodities to Russia in 2020 to register a 105% increase compared with 2019.  The volume of exports, according to Iran’s Ambassador to Russia Kazem…

The capacity of Iran’s passenger shipping is 24.8 million per year, says Mohammad Rastad, the managing director of Ports and Maritime Organization, adding that the figure will rise to 25 million…

Iran will be sending commercial attachés to Russia, Oman, Azerbaijan, Armenia and China by the end of the current fiscal year on March 20.

Cargo handling procedures in Imam Khomeini Port in the southern Khuzestan Province are applied in compliance with health guidelines, following the lockdown implemented in the port due to the…

Iran’s real-estate market is witnessing a decline in home deals, which cannot be considered a recession, Beitollah Sattarian, a housing expert said. 

The government has suspended flights to and from 32 high-risk countries with the aim of curbing the spread of the Covid-19 pandemic until further notice.

The Education and Human Resources Institute, affiliated with Tehran Chamber of Commerce Industries, Mines and Agriculture, is scheduled to hold two specialized courses on trade and business.

Underemployment, the condition in which people in a labor force are employed for less than 44 hours of service per week, stood at 9.9% in the third quarter of the current fiscal year (Sept. 22-…