Domestic Economy

Some 400,000 mulberry saplings, produced through selective breeding, will be distributed free of charge among silk farmers during the current Iranian year that started on March 21, the head of…

Iran is self-sufficient in the production of detergent and hygienic products. Domestic brands have long dominated the market, alongside a few foreign brands that have found their way on to the…

An exclusive exhibition of Iranian products and services has been scheduled to be held in the Iraqi city of Basra from May 8 to 14.

Iran traded $1.52 billion worth of non-oil goods with the Netherlands in the last Iranian year (ended March 20, 2018), which was 66.15% more compared to the year before, making the European…

More than $415 million worth of commodities were exported from the southeastern Sistan-Baluchestan Province during the last Iranian year (March 2017-18), the head of Sistan-Baluchestan…

Pakistan’s Federal Commerce Minister Pervaiz Malik is hopeful that with the opening up of formal banking channels in the near future, trade with Iran can reach as high as $2 billion.

Iran’s labor force participation rate—the share of the population ages 10 years and older working or actively seeking work—in the last fiscal year (March 2017-18) was 40.3% and included 26.58…

Iran traded €3.74 billion worth of commodities with the 28 members of the European Union during the first two months of 2018 to register a 17.4% year-on-year growth, Eurostat data shared with…

The First International IranVet Exhibition is scheduled to open on July 21 and run through July 25 at Tehran’s Grand Mosalla. 

The project to electrify the 430-kilometer-long Garmsar-Sari-Gorgan-Incheh Borun Railroad will kick off in the current Iranian year (started March 21), the deputy head of the Islamic Republic of…

A total of 770,000 tons of paper, including newsprint, book paper, tissue, packaging paper and cardboard, were produced in Iran in the last fiscal year (March 2017-18), registering a 32% rise…

The Islamic Republic of Iran Customs Administration has set a $10-million cap on imports for each free trade and special economic zone in Iran during the first quarter of the current fiscal (…

A total of 11,000 production units are engaged in non-oil exports in the last fiscal year (March 2017-18), marking a rise of 37% compared with close to 8,000 units the year before, thes deputy…

More than 340,500 tons of goods were loaded on 5,845 freight wagons in Isfahan during the first month of the current Iranian year (March 21-April 21), indicating a 55% rise in the throughput…

Iran Air, the country’s flag carrier, announced plans to increase its weekly flights to the Qatari capital Doha from May 1, to meet the growing demand for flights to Qatar and in line with the…

About 37.8 million tons of commodities worth $15.08 billion were exported from Bushehr Province in southern Iran during the last fiscal year (March 2017-18), the head of Bushehr Industries,…

The second production phase of Parla Textile Company was inaugurated by Minister of Industries, Mining and Trade Mohammad Shariatmadari last week.

Located in Tabriz, Parla Textile…

India is currently posing the main challenge to Persian hand-woven carpets, as the country has captured part of the world markets previously dominated by Iran, the chairman of Iran National…

Iran traded $1.8 billion worth of non-oil goods with France in the last Iranian year (ended March 20, 2018), which were 81.84% more compared to the year before, making the European country Iran’…

Most Iranian industries were on the path to growth during the three quarters of the previous fiscal year, but only a few accelerated enough to put recession behind them, according to the latest…

Deputy Minister of Roads and Urban Development Mehrdad Taqizadeh said 700 out of 1,000 speed cameras on Iranian roads are point-to-point ones that automatically track speeders based on the…

Trade between Iran and Jordan stands at $180 million per year, with Iran accounting for more than 80% of the sum. 

However, the Arab country has set high import tariffs for Iranian…

Keeping its promise to Iranian President Hassan Rouhani during his visit in February, the Indian government has started examining the feasibility of a preferential trade agreement with the…

Iran Aseman and Iran Air Tours signed letters of intent on Thursday with Sukhoi Civil Aircraft Company at Turkey’s Eurasia Airshow, calling for the delivery of a customized version of the…

Close to 26,580 tons of millet worth over 361.57 billion rials ($10.6 million) were imported in the last Iranian year (March 2017-18), data released by the Islamic Republic of Iran Customs…