Domestic Economy

  • 80% of Licensed Production Units Active
    Of the 80,000 licensed production units in Iran, 68,000 or 85% are operating, a deputy minister of industries, mining and trade said. “About 90% of the production units are small, 6% are medium-...
  • Trade With UAE Dips 3%
    Iran traded 9.48 million tons of non-oil commodities worth $6.16 billion with the UAE during the first five months of the current fiscal year (March 21-Aug. 22), registering a 2.08% and 3.39%...
  • Banana Imports at $200m in Five Months
    More than 209,650 tons of banana worth over $200 million were imported into Iran during the first five months of the current fiscal year (March 21-Aug. 22). This shows a 28.49% and 11.41% decline...
  • Glassware, Chinaware Production Rises
    More than 113,000 tons of glassware were produced in the first three months of the current Iranian year (March 21-June 21), registering an increase of 15.9% compared with last year’s corresponding...
  • Agricultural Mechanization to Increase
    The agricultural mechanization coefficient in Iran currently stands at its highest of 1.65 horsepower per hectare. The coefficient is expected to increase to 2.1 hp/ha by the end of the Sixth Five...
  • Basra-Khorramshahr Shipping Line Shutdown Not Related to Iraqi Unrest
    The closure of Khorramshahr-Basra passenger shipping line is not related to recent conflicts in...
  • Tehran Hosts Forum to Survey EEU Prospects
    The first forum on opportunities for Iranian businesspeople, producers and service providers in Eurasia’s market is scheduled to be held on Sunday at the Islamic Republic of Iran Broadcasting...
  • Trade With China Hits $8.6b
    Iran traded 12.62 million tons of non-oil commodities worth $8.6 billion with China during the first five months of the current fiscal year (March 21-Aug. 22), registering a 15.63% decline in...
  • Left to Their Own Devices
    Iran's machine-made carpet, moquette and flooring industry depends largely on imported raw materials and machinery.  Given the worsening state of the economy, chaotic currency market and unstable...
  • Rise in Stationery Production
    The share of domestic manufacturers in the production capacity of stationery products has increased from 20-40% over the past two years, the head of Stationery and Engineering Equipment Sellers...
  • World Maritime Day Marked in Tehran
    Iran is one of the most significant member states of the United Nations' International Maritime Organization and is moving toward the objectives of this organization, IMO Secretary-General Kitack...
  • Mazandaran Exports Reach $230 Million
    Goods worth $230 million produced in the northern Mazandaran Province were exported in the first four months of the current fiscal year (March 21-July 22) to register an increase of 14% compared...
  • New Iran-China Freight Train Service Launched
    A new freight train service linking north China's Inner Mongolia Autonomous Region with the Iranian city of Bam was launched on Tuesday. Departing from a logistics park in Inner Mongolia, the...
  • Shampoo Exports Exceed $5m in 4 Months
    Iran exported 3,209 tons of shampoo worth close to $5.75 million during the first four months of the current Iranian year (March 21-July 22), based on the latest figures released by the Islamic...
  • Trade With Kazakhstan Rises 37%
    Iran traded 314,972 tons of non-oil commodities worth $81.41 million with Kazakhstan during the first four months of the current fiscal year (March 21-July 22), registering a 95.46% and 37.64% of...
  • Apple Exports at Record High
    Some 800,000 tons of apples have been exported from Iran since the beginning of the current Iranian year on March 21, which is a record high, an official with the Ministry of Agriculture said on...
  • Pharmaceutical Importers Body  Elaborates on Supply Shortage
    Iran government’s fight with hoarding is heating up.  Back-to-back reports being published on police confiscating goods in warehouses across the country are meant to assure people that, despite...
  • Iranian Minister of Roads and Urban Development Abbas Akhoundi (L) met with his Indian counterpart Nitin Gadkari in New Delhi on September 6.
    Iran will hand over the strategic Chabahar Port to an Indian company within a month for operation as...
  • Pencil Sharpeners Imported From 15 Countries
    More than 421 tons of pencil sharpeners and blades worth $3.23 million were imported into Iran from 15 countries during the first four months of the current Iranian year (March 21-July 22), data...
  • Trade With Vietnam Grows 40%
    Iran traded 47,555 tons of non-oil commodities worth $65.92 million with Vietnam during the first four months of the current fiscal year (March 21-July 22). This registers a 50.75% and 40.98%...
  • Infant Formula Raw Materials Imported
    More than 616 tons of raw materials to produce infant formula worth $2.95 million were imported into Iran during the first four months of the current Iranian year (March 21-July 22). The Islamic...
  • Turkmenistan Bans Iran Transit Trucks Heading to Tajikistan
    Turkmenistan has banned transit trucks heading from Iran’s Lotfabad Customs Terminal in Khorasan Razavi Province’s Dargaz County to Tajikistan though its territory. Ali Akbar Shamani, director...
  • Iran Exports to EU Rise 5% as Imports Decrease 21%
    Iran’s trade with 28 member states of the European Union during the first seven months of 2018 amounted to more than €10.2 billion, indicating a 7.95% decrease compared with last year’s...
  • Exports of Value-Added Products on the Rise
    Despite the decline in the volume of Iran’s non-oil exports during the first five months of the current fiscal year (March 21-Aug. 22), export revenues have increased. Hamid-Reza Salehi, the...
  • Soybean Oil Exports Top  4K Tons
    Iran exported 4,586 tons of soybean oil worth $7.39 million during the first four months of the current fiscal year (March 21-July 22), latest data released by the Islamic Republic of Iran Customs...

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