Domestic Economy

Iran traded $2.18 billion with its 15 neighboring countries in the first month of the current fiscal year (March 21-April 20) to register an 18% growth compared with the same period of last year…

A 30% increase in intercity road passenger transportation fares will come into effect as of June 22, according to an official with the Road Maintenance and Transportation Organization affiliated…

The government met 98.6% of the fiscal 2020-21 budget outlay, despite the significant shocks of US “maximum pressure” campaign and the coronavirus pandemic, says Hamid Pourmohammadi, the deputy…

What economic players expect from next president is the return of the Central Bank of Iran to the inflation control mission, Feryal Mostofi, a member of Tehran Chamber of Commerce, Industries,…

The average goods and services Consumer Price Index of “food and beverages” in the 12-month period ending May 21, which marks the end of the second Iranian month of fiscal 2021-22, increased by…

A webinar titled “Commercial Opportunities in Africa” is scheduled to be held on June 15 by Tehran Chamber of Commerce, Industries, Mines and Agriculture’s International Affairs Department.

Footwear exports from Iran stood at $105 million in the fiscal 2020-21, registering a 36.5% growth in value and a 29% rise in weight year-on-year.

Iran’s commercial exchanges with its leading trading partner, China, stood at $4.32 billion in the first four months of 2021, registering a 17.6% decline compared with the corresponding period…

The depreciation of local currency against the US dollar is the main reason behind the exponential rise in paper prices, the head of Paper and Cardboard Producers Syndicate said. 

The 67 petrochemical companies in Iran produced 35 million tons in the last fiscal year that ended on March 20, 2021, of which 27 million tons were exported, managing director of National…

A total of 7 million tons of sugarcanes were produced in Iran from the beginning of the current Iranian year (March 21) up until April 20, showing a 70% hike compared with the similar period of…

A total of 20,053 tons of different kinds of sprat were harvested from the northern Caspian Sea during the last Iranian year (March 2020-21), according to the director general of Fish Harvest…

Passengers travel to the neighboring Iraq from the western Kurdestan Province’s Marivan border crossing has been banned up until June 5 to prevent the spread of Covid-19, although trade…

A total of 215,000 tons of commodities worth $227 million were exported from Bileh Savar border crossing in the northwestern Ardabil Province in the last Iranian year (March 2020-21), showing an…

The services sector employed 49.3% of the Iranian employed population (11.46 million) in the last Iranian year (March 2020-21), 1% less than the year before, whereas industrial and agricultural…

Iranian steel mills produced 10 million tons of crude steel in the first four months of 2021, which indicate a 9.6% rise compared with 2020.  As per the latest report released by World…

The average goods and services Consumer Price Index in the 12-month period ending May 21, which marks the end of the second Iranian month of fiscal 2021-22, increased by 41% compared with the…

The southern port of Bushehr has the capacity to handle more than 7 million tons of goods per year and can host vessels weighing over 30,000 tons.

The government plans to inaugurate 440 kilometers of freeways by the end of the current Iranian year (March 20, 2022), according to a deputy minister of roads and urban development.

About 362 companies and production units from the 1,100 top industrial and mining units of Iran registered more than 20% growth in production in the fiscal 2020-21, an official from the Ministry…

Iran's exports to EU member states in March registered a growth of 69%, indicating an acceleration of trade ties in recent months.  Trade with 27 members of the European Union reached €1.…

A total of 45,074 tons of red meat were produced in official slaughterhouses during the month ending April 20 to register a 106% rise compared with the similar month of last year. Meat output…

Creation of economic growth and employment, sustainable control of inflation, eradication of poverty via non-inflationary methods, campaign against corruption and unemployment reduction must be…

The number of older persons in the world is growing faster than the number of people in all younger age groups and Iran is no exception. According to the data released by…

A total of 9.2 million tons of goods have been abandoned at Iran’s ports of entry without undergoing customs clearance, of which 4.5 million tons are essential goods, the head of the Islamic…