Decreased average value per ton of Iran’s exports on the one hand and increased average value per ton of the country’s imports on the other is to blame for the recent negative foreign trade…
Domestic Economy
Iran’s crude iron ore production capacity will be raised to 100 million tons/year from 75 million tons/year by the end of the current Iranian year (March 20, 2018), state mines and metal holding…
The western Iranian city of Malayer in Hamedan Province was registered as the national hub of furniture making and wood carving three months ago.
Track-laying for a railroad connecting the western provincial capital of Kermanshah to Iran’s national rail network has been completed, Construction and Development of Transportation…
More than 8 million tons of wheat worth close to 105 trillion rials ($2.74 billion) have been purchased from local farmers across the country so far this year, a deputy chairman of Government…
The 14th International Exhibition of Wood Industries Machinery, Fittings and Raw Materials, also known as Woodex 2017, opened in Tabriz International Fairground on Thursday.
In Boeing’s talks with Iran Air after major powers signed the nuclear deal with Iran in 2015, the American planemaker offered to sell two available wide-body 747-8 jetliners to the flag carrier,…
Around 272 tons of chicken with no antibiotics used in their breeding have been produced in South Khorasan Province in northeast Iran so far in the current Iranian year that started on March 21,…
Reducing unemployment rate and creating jobs for the disabled, addressing malnutrition and providing universal healthcare were some of the promises made by Minister of Cooperatives, Labor and…
The decline in Iran’s export of non-oil products in the four months ending July 22, as reported by the Islamic Republic of Iran Customs Administration, is a result of their high prices in…
Iran exported 31,230 tons of molasses to Thailand in June, which is a record monthly high since 2010, registering an eightfold increase compared with the previous month.
The Consumer and Producer Protection Organization has fined Naji Research and Development Company over 1.17 trillion rials ($31.2 million) for overcharging clients. The company provides a variety…
More than 10,600 tons of goods were exported via railroad from Zahedan in the southeastern Iranian province of Sistan-Baluchestan to Quetta in Pakistan during the first four months of the current…
Iran exported $173 million worth of livestock feed in the last Iranian year that ended on March 20, 2017, registering a 33% increase compared with the year before, an official with the Agriculture…
About 14.8 billion cigarettes were produced in Iran during the first four months of the current Iranian year that started on March 21, registering a 37% increase compared with the corresponding…
Railroads hold a 10.2% share in Iran’s cargo transit, the deputy head of Islamic Republic of Iran Railways said.
Iran’s widening budget deficit, resulting mostly from fundamental budgetary issues, has raised concerns that bigger financial problems could emerge in the future for the government that is already…
Natural Resource Governance Institute has granted the National Development Fund of Iran among the sovereign wealth funds in the world with a “satisfactory” ranking, declaring that the institute…
A joint business forum, scheduled to be attended by Iranian economic players and their Syrian counterparts at the headquarters of Iran Chamber of Commerce, Industries, Mines and Agriculture in…
Bandar Abbas Zinc Production Company exported 4,430 tons of zinc ingots valued at $11.82 million during the first four months of the current fiscal year (March 21-July 22), registering an 84%…
The Industrial Development and Renovation Organization signed a €2.5 billion contract with Russia’s CJSC Transmashholding in Tehran on Monday for joint production of rolling stock in Iran.
…Shortage of livestock, caused by the excessive slaughter of animals capable of giving birth, is the main reason for the recent increase in lamb prices, the chairman of Sheepmeat Union said.
About 12 trillion rials ($315 million) worth of loans have been earmarked for the expansion of cage fish farming in the current Iranian year (March 2017-18), the deputy head of Iran Fisheries…
A commercial delegation headed by the Chairman of Iran Chamber of Commerce, Industries, Mines and Agriculture Gholamhossein Shafei is scheduled to visit Spain from September 24 to 28, ICCIMA’s…
Close to 6.5 million tons of goods were loaded and unloaded in the Persian Gulf port of Imam Khomeini located in Khuzestan Province during the first three months of the current Iranian year (…