• Iran’s non-oil foreign trade in March 21-May 21 stood at $14.53 billion, indicating an 11% rise compared with last year’s corresponding period.

    During the first two months of the current Iranian year (March 21, 2018), Iran had the biggest non-oil trade surplus and deficit with Iraq ($1.15 billion) and Switzerland ($348 million) respectively. 
    Exports to Iraq stood at $1.16 billion while imports from the neighboring country hit $2.7 million over the period under review. 
    Iran exported as little as $0.7 million worth of goods to Switzerland and imports reached $349 million during the same period, figures by the Islamic Republic of Iran Customs Administration shows. 

     

Domestic Economy

  • Truck Traffic Jams at Afghan Border Crossing
    05/23/2018
    Truck traffic has shifted to Dogharoun near Taibad in eastern Khorasan Razavi Province since a month ago, due to lack of security at Afghanistan’s Milak border crossing with Iran. This was...
  • Economic Commission With Oman Scheduled
    05/23/2018
    The 17th edition of Oman-Iran Economic Commission is scheduled to be held on June 27 and 28 in Muscat, Oman’s port capital.  A preferential trade agreement between the two countries, proposed by...
  • 1st Refrigerated Export to UAE Via Bandar Lengeh
    05/23/2018
    A total of 200 tons of fruit and vegetable have been exported, for the first time, to the UAE via Bandar Lengeh Port in the southern Hormozgan Province, the director of Bandar Lengeh Ports and...
  • Chabahar’s Shahid Beheshti Port: Cheapest Business Option in Region
    05/23/2018
    With new moderated prices for services offered at Chabahar’s Shahid Beheshti Port, this southeastern Iranian port has turned into the cheapest option for doing business in the Persian Gulf and Oman...
  • German Companies Cannot Be  “Totally Shielded” From US Iran Move
    05/23/2018
    The German government will help German firms with business in Iran where it can, but cannot entirely...
  • EPI Rises 23.1 Percent YOY, 8.4 Percent MOM
    05/23/2018
    The export price index stood at 344.3 for the first month of the current fiscal year (March 21-April 20), registering a 8.4% increase compared to the preceding month and a 23.1% rise compared with...
  • Russian Railways: Iranian Project Not Subject to US Sanctions
    05/23/2018
    The state monopoly Russian Railways considers its project on the electrification of the railroad in Iran completely civilian and not subject to US sanctions, the company’s CEO Oleg Belozerov said...
  • Non-Oil Trade With Vietnam Tops $440m
    05/23/2018
    Iran traded $443.71 million worth of non-oil goods with Vietnam during the last Iranian year (ended March 20, 2018), registering a decrease of  0.32% compared to the year before, making the...
  • Swiss Firms Preparing to Quit Iranian  Market Over US Sanctions Risks
    05/23/2018
    Several Swiss newspapers on Sunday reported that Swiss firms in Iran have stopped making new...
  • The unemployment rate among women householders was 7.9%.
    05/23/2018
    The number of women householders in Iran increased by 86.6% over the decade ending March 2016 to stand at over three million.  This category includes households headed by women in the absence of...
  • Tehran to Host RailExpo 2018 Next Month
    05/22/2018
    The Sixth International Exhibition of Rail Transportation and Related Industries and Equipment, also known as RailExpo 2018, is slated to open at Tehran’s International Fairground on June 19. As...
  • Gov’t Payroll Exceeds  2.3 Million
    05/22/2018
    The number of government employees stood at 2,341,726 in the Iranian year that ended March 20, 2017, registering no significant rise compared with 15 years ago (March 2001-2), the Statistical...
  • Non-Oil Trade With Spain Tops $620m
    05/22/2018
    Iran traded $625.30 million worth of non-oil goods with Spain in the last Iranian year (ended March 20, 2018), marking a 5.36% rise compared to the year before, making the European nation Iran’s...
  • US’ JCPOA Pullout Does Not Bode Ill for Iran Economy
    05/22/2018
    The United States’ pullout from the Joint Comprehensive Plan of Action, as the Iran deal is formally known, does not seem to be a matter of big concern for the most cited Iranian economist in the...
  • Transport MoU With Greece
    05/22/2018
    Iran and Greece have signed a memorandum of understanding to improve cooperation in road transportation, the news portal of the Ministry of Roads and Urban Development reported on Sunday. “The MoU...
  • NDFI to Offer Loans Worth $2.8b to Create Rural Jobs
    05/22/2018
    The government will allocate 120 trillion rials ($2.85 billion) in loans from the National Development Fund of Iran to enhance job creation in rural areas, Abolfazl Razavi, vice president for rural...
  • Iranians’ per capita honey consumption is 1 kilogram per year, while it is around 200 grams in other countries.
    05/22/2018
    Iran has made noticeable progress in honey production, as it rose from 77,000 tons in 2016 to 88,000 tons in 2017, making the country the third biggest honey producer in the world after China and...
  • French Finance Minister Bruno Le Maire
    05/21/2018
    France is looking to see if the European Union could compensate European companies that might be...
  • Non-Oil Trade With Malaysia Rises 23%
    05/21/2018
    Iran traded $694.64 million worth of non-oil goods with Malaysia during the last Iranian year (ended March 20, 2018), which is 23.4% more compared to the year before, making the Southeast Asian...
  • Per capita mushroom consumption in Iran is one kilogram per year.
    05/21/2018
    Iran produces 150,000 tons of mushrooms annually and there is no shortage of this product in the country, director general of Greenhouses, Medicinal Plants and Edible Mushrooms Office with the...
  • Flood, Hailstorm Inflict $4m in Losses on North Khorasan
    05/21/2018
    Flood and hailstorm in recent days have inflicted 173 billion rials ($4 million) in losses on North Khorasan Province’s agriculture sector, the head of Crisis Management Office at the North...
  • US’ Iran Policy Headed for Train Wreck With Afghan Policy
    05/21/2018
    US President Donald Trump’s decision to pull out of the Iran nuclear accord and reimpose sanctions...
  • ICCIMA Delegation  to Visit S. Africa  on July15
    05/21/2018
    Iran Chamber of Commerce, Industries, Mining and Agriculture plans to send a delegation headed by chairman of the chamber, Gholamhossein Shafei, to South Africa on July 15 to discuss bilateral...
  • Unfit Vehicles Cause Hefty Losses to Poultry Farms
    05/21/2018
    Some 12 million day-old chickens are lost as a result of transportation by unfit vehicles, causing around 7 trillion rials ($166.66 million) in losses to chicken farmers, the secretary of Day-Old...
  • Pencil Lead Imports From Six Countries
    05/21/2018
    More than 350 tons of pencil lead worth 47.35 billion rials ($1.4 million) were imported from six countries during the last Iranian year (March 2017-18), based on figures released by the Islamic...

Pages

Trending

Googleplus