Domestic Economy

Close to $1.15 billion worth of agricultural products were exported from the southern Khuzestan Province during the last Iranian year (March 2017-18) to register a threefold rise compared with…

Twenty percent of manufacturing units located in industrial towns across Iran have been hit by recession, a deputy minister of industries, mining and trade said. "Up to 30% of industrial towns…

Iran traded 57.28 million tons of non-oil commodities worth $29.96 billion with its 15 neighboring countries during the first 10 months of the current fiscal year (March 21, 2018-Jan. 20) to…

Japan's Justice Ministry plans to block nationals from Iran and Turkey from obtaining a new work visa to be launched in April, in response to their lack of cooperation in accepting citizens…

With the ratification of the Iranian Cabinet on Feb. 6, the ban on importing 100 types of commodities included in the so-called Group IV was lifted.  Last June, the import of 1,339…

Iran traded 89,066 tons of non-oil commodities worth $148.22 million with Australia during the first 10 months of the current fiscal year (March 21, 2018-Jan. 20), registering an 86.46% and 26.…

Iran’s 21 major ports loaded and unloaded 105.9 million tons of commodities during the first 10 months of the current Iranian year (March 21, 2018-Jan. 20) to register a 16.95% decline compared…

Iran exported $177 million worth of home appliances during the nine months to Dec. 21, which is $1 million higher than exports registered in last year’s corresponding period.

Iran is taking the final steps in its transition to a modern, streamlined system of taxation.  By implementing the electronic execution of taxation procedures, the "Comprehensive Taxation…

Iran traded 6.93 million tons of non-oil commodities worth $3.69 billion with Turkey during the first nine months of the current fiscal year (March 21-Dec. 21), to register a 29.91% growth in…

Major Iranian copper complexes produced a total of 997,535 tons of copper concentrate during the 10 months to Jan. 20 to register an increase of 4% year-on-year. 

The output of Iran's major aluminum producers stood at an aggregate of 267,053 tons during the 10 months to Jan. 20, which indicates a 5% decline compared with last year's corresponding period,…

Tehran Province has the largest share of area under greenhouse cultivation in Iran. According to Karim Zolfaqari, the head of Tehran Agricultural Jihad Organization, Tehran has 3,500 hectares…

A total of 231,000 tons of commodities were exported to Central Asian countries via rail from Sarakhs Border Crossing in the northeastern Khorasan Razavi Province during the first 10 months of…

Iran exported $533 million worth of commodities to Russia in 2018, which registered a growth of 36% compared to the preceding year.

Iranian lawmakers approved the outlines of the next fiscal year's (March 2019-20) budget bill in an open session of the parliament on Saturday. From a total of 212 votes, 117 MPs voted in favor…

More than 1.59 million tons of goods worth $1.35 billion were exported from the western Kurdestan Province during the first ten months of the current fiscal that ends in March, to register 45%…

Iran Airports Company logged 360,754 takeoffs and landings during the first ten months of the current fiscal that ends in March 2019, down 14% compared to the same period last year. More than…

Exports of red willow from the city of Mahallat in Markazi Province earned $2.5 million in the current fiscal that ends in March, Reza Maleki, the head of Industries, Mining and Trade…

Iran, Russia and Kazakhstan are making progress on financing a long-delayed wheat deal that could double or triple export to Iran, the secretary general of Iran’s Federation of Food Industry…

Major lead and zinc producers extracted 938,503 tons of ore during the ten months to January 20 -- up 21% compared to last year’s similar period, the Iranian Mines and Mining Industries…

Turkish President Recep Tayyip Erdogan said his country is "ready" to set up its own trade mechanism with Iran, allowing companies from the two neighboring countries to continue with their "…

The ministries of agriculture of Iran, Russia and Kazakhstan have concluded a trilateral memorandum of understanding on the issue of wheat trade. This resulted from negotiations on a temporary…

A total of 38.16 million tons of iron ore concentrate were produced in Iran during the 10 months to Jan. 20 to register a 21% growth compared with last year's similar period.

More than 1.9 quadrillion rials ($16.23 billion) worth of investments are estimated to be made in the industrial units, for which establishment permits were issued and 384.36 trillion rials ($3.…