Domestic Economy

More than 1,600 tons of tea were exported from Iran during the first quarter of the current Iranian year (March 21-June 21), Habibollah Jahansaz, the head of Iran Tea Organization, said. …

Iran traded 133,390 tons of non-oil goods worth $58.18 million with Thailand during the first Iranian month (March 21-April 20), registering a 51.46% and 55.77% decline in tonnage and value…

The heads of three branches of power (executive, judiciary, legislative) approved on Saturday the four main outlines of an initiative to improve budgeting and help reduce the country’s…

Iran Airports Company registered 102,883 takeoffs and landings during the first three months of the current Iranian year (March 21-June 21), which shows an 11% decrease compared with the similar…

Private sector investments in Iranian ports amounted to 13.54 trillion rials ($107.22 million) in the last Iranian year (March 2018-19), showing a 102.15% rise compared with that of the previous…

Iran Cabinet has ratified the implementation of Clause 14 of the Budget Law for the Fiscal 2019-20, which pertains to the "Targeted Subsidies Law".  The decision has been notified to…

Iran's National Tax Administration is moving to modernize the country's taxation system by using verifiable information about the status of taxpayers. This is what the new INTA chief, Omid Ali…

Iran Chamber of Commerce, Industries, Mines and Agriculture has informed chambers across the country that Georgia is drafting an anti-dumping law to support its domestic producers in the face of…

Iran traded 53.53 million tons of non-oil commodities worth $31.75 billion with member economies of Asia-Pacific Economic Cooperation during the last fiscal year (ended March 20, 2019) to…

Trade and transport ties between Oman and Iran were discussed during two separate high-level meetings in Muscat on Wednesday. The first meeting took place between Oman’s Minister of Commerce…

By Mohsen Sadeqi’s reckoning, who is in charge of the Economic Evaluation Office at the Ministry of Roads and Urban Development, future investments in railroad development projects in Iran…

Iran imported 45,000 tons of red meat in spring (the current Iranian year’s Q1 from March 21 to June 21) to register an increase of 18,000 tons, or 66.67% compared with last year’s corresponding…

The Ministry of Cooperatives, Labor and Social Welfare is planning to send 5,000 workers overseas in the current Iranian year (March 2019-20).  “Last year, up to 2,000 Iranians were sent…

An agreement to increase Iran's annual steel production capacity by 10 million tons per annum (MTPA) by establishing a steel mill in Persian Gulf Special Economic Zone in the form of a…

Iran traded 142,094 tons worth $0.3 million with the UK during the first Iranian month (March 21-April 20), registering a 26.26% and 16.33% decline in tonnage and value respectively compared…

Iran Airports Company registered 31,415 takeoffs and landings during the third month of the current Iranian year (May 22-June 21), which shows a 6% decline compared with the similar period of…

The planned privatization of Iran's two major football clubs, namely Persepolis and Esteghlal, is unlikely to be concluded in the current Iranian year (March 2019-2020), amid impediments to…

A total of 17,879 public complaints were filed against goods and service providers with the industries, mining and trade organizations of Iranian provinces during the third month of the current…

Iran imported barley worth $603 million from 23 countries in the last Iranian year (March 2018-19), data released by the Islamic Republic of Iran Customs Administration show.

The latest industrial purchasing managers’ index (PMI) surveys indicate that the Iranian economy relapsed to stagnation in the month ending June 21, despite a flurry of activity in many sectors…

A total of $215 million worth of home appliances were imported into Iran during the last fiscal year (March 2018-19), down from $1.28 billion in the previous year, indicating an 83.43% plunge…

Iran traded 192,059 tons of non-oil goods worth $75.87 million with Indonesia during the first Iranian month (March 21-April 20), registering a 13.64% and 30.19% decline in tonnage and value…

Iranian steelmakers produced a total of 7.85 million tons of products during the first two Iranian months (March 20-May 21) to register a 7.73% year-on-year increase, according to the Iranian…

Iranian steel mills produced a total of 10.62 million tons of crude steel during the first five months of 2019, up 5.5% compared with 2018’s corresponding period, the latest report released by…

Iran traded 21,156 tons of non-oil commodities worth $83.93 million with Italy during the first Iranian month (March 21-April 20), registering a 1.14% and 13.11% growth in tonnage and value…