• Iran-EU Trade Tops €12b

    Trade between Iran and the 28 member states of the European Union during the first eight months of 2018 amounted to €12.02 billion, indicating a 4.4% decrease compared with last year’s similar period.
    Iran’s top five trade partners over the period under review were Italy, France, Spain, Germany and Greece with more than €2.93 billion, €1.98 billion, €1.82 billion, €1.71 billion and €1.04 billion worth of transactions respectively.
    Trade with Croatia (€62.84 million), Hungary (€80.35 million) Latvia (€6.27 million), Spain (€1.82 billion) and Austria (€390.35 million) saw the highest increase of 1,673.6%, 213.4%, 157.8%, 63.6% and 28% respectively. 
    Iran experienced the sharpest decline in trade with Cyprus (65.6%), Bulgaria (59.6%), Portugal (53.2%), the Netherlands (44.9%) and Slovakia (28.9%). 

Domestic Economy

  • World Maritime Day Marked in Tehran
    09/09/2018
    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
    09/09/2018
    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...
  • Shampoo Exports Exceed $5m in 4 Months
    09/09/2018
    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...
  • Tehran Hosts Forum to Survey EEU Prospects
    09/09/2018
    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
    09/09/2018
    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...
  • Trade With Kazakhstan Rises 37%
    09/08/2018
    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
    09/08/2018
    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
    09/08/2018
    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...
  • Pencil Sharpeners Imported From 15 Countries
    09/08/2018
    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...
  • Iranian Minister of Roads and Urban Development Abbas Akhoundi (L) met with his Indian counterpart Nitin Gadkari in New Delhi on September 6.
    09/08/2018
    Iran will hand over the strategic Chabahar Port to an Indian company within a month for operation as...
  • Trade With Vietnam Grows 40%
    09/06/2018
    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
    09/06/2018
    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
    09/06/2018
    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...
  • Exports of Value-Added Products on the Rise
    09/06/2018
    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
    09/06/2018
    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...
  • Iran Exports to EU Rise 5% as Imports Decrease 21%
    09/06/2018
    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...
  • Over 18K Tons of Livestock Feed Exported
    09/05/2018
    Iran exported 18,239 tons of livestock feed worth $7.43 million during the first four months of the current fiscal year (March 21-July 22), latest data released by the Islamic Republic of Iran...
  • JICA Strengthening Economic Relations Between Iran, Japan
    09/05/2018
    The general policy of the Japanese government and Japan International Cooperation Agency is to...
  • List of Subsidized Imports Gets Longer
    09/05/2018
    Seventy-five new items have been included among essential goods that can be imported by receiving foreign currency at the subsidized rate. This has been announced by Minister of Industries, Mining...
  • Exports From Imam Khomeini Port Grow 8%
    09/05/2018
    More than 4.93 million tons of non-oil commodities were exported from Imam Khomeini...
  • Peanuts Imported From Five Countries
    09/05/2018
    More than 4,124 tons of peanuts worth $5.43 million were imported into Iran from five countries during the first four months of the current Iranian year (March 21-July 22), the latest figures...
  • Trade With China Rises  to $19.6b in H1 2018
    09/05/2018
    Iran’s trade with China amounted to $19.66 billion during the first half of 2018, registering an increase of 2.2% compared with last year’s corresponding period, Chinese ambassador to Iran said....
  • Jump in Commerce With Georgia
    09/05/2018
    Iran traded 185,352 tons of non-oil commodities worth $69.05 million with Georgia during the first four months of the current fiscal year (March 21-July 22). This indicates a 71.65% and 32.2%...
  • Diaper Market in Disarray
    09/04/2018
    Producers of diapers now have to purchase the foreign exchange required for importing some of their raw materials through the Forex Deals Integrated System (known by its local acronym Nima). Rates...
  • 100,000 Tires Needed for Road Fleet
    09/04/2018
    Iran has a shortage of about 100,000 tires in its road transportation fleet, trucks in particular, a deputy minister of roads and urban development said. Abdolhashem Hassannia added that the...

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