• 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

  • US Nuclear Deal Pullout Bitter Blow to European Businesses
    05/10/2018
    US President Donald Trump’s decision to exit the Iran nuclear deal and reinstate sanctions could cost some of Europe’s biggest companies billions. The US Treasury Department has promised “wind-...
  • 29% Rise in Exports From Bazargan Border Crossing
    05/10/2018
    More than 1.68 million tons of non-oil products were exported from Bazargan border crossing in West Azarbaijan Province located in northwest Iran in the last Iranian year (March 2017-18), 
  • Airport Traffic Declines 2%
    05/10/2018
    Iran Airports Company registered 36,842 takeoffs and landings during the Iranian month ending April 20, which...
  • Growth in Industrial, Mining Permits
    05/09/2018
    A total of 26,618 permits for the establishment, exploration and exploitation of industrial and mineral projects were issued during the last fiscal year (March 2017-18), data published by the...
  • Trade With Georgia Rises by 28%
    05/09/2018
    Trade between Iran and Georgia last year stood at around $181 million, which indicates a 28% rise year-on-year. This was announced by Georgia’s First Vice Prime Minister and Minister of Economy and...
  • Cargoes transported from southern Iranian ports to Turkey and Central Asia hold the biggest share in Iran’s rail transit.
    05/09/2018
    Close to 1.6 million tons of goods were transited through Iran’s railroads in the last Iranian year (March 2017-18), indicating a more than 50% rise compared with the year before, a deputy minister...
  • Agro Economics Confab Opens
    05/09/2018
    The 11th Conference on Iranian Agricultural Economics opened in Karaj, Alborz Province, on Tuesday at the College of Agriculture & Natural Resources affiliated to the University of Tehran. The...
  • Wagon Pars Signs $62m Manufacturing Contract
    05/09/2018
    A contract worth 2.6 trillion rials ($62 million) to manufacture 100 gondola wagons was signed between the Wagon Pars company and a local company on Tuesday, the CEO of Wagon Pars said. Mohammad...
  • Khosravi Border to Open for Arbaeen Pilgrims
    05/09/2018
    Khosravi Border Crossing in Kermanshah Province will be open to pilgrims traveling to the Iraqi city of Karbala in Arbaeen that falls on Oct. 30 this year.  “The measure will be taken to spread...
  • Industries Ministry Reviews  Last Year’s Production Growth
    05/08/2018
    Out of 44 selected industrial and mineral products surveyed by the Ministry of Industries, Mining and Trade, the production of 31 items experienced growth and 13 others saw a decline during the...
  • $85m Collected in Zakat Revenues Last Year
    05/08/2018
    A total of 3.6 trillion rials ($85.71 million) were collected in Zakat last year (March 2017-18) and the sum is estimated to increase to 4 trillion rials ($95.23 million) this year, Seyyed Reza...
  • Non-Oil Trade With Thailand Up 53 Percent
    05/08/2018
    Iran traded $1.08 billion worth of non-oil goods with Thailand during the last Iranian year (ended March 20, 2018)–53.17% more compared to the year before, making the Southeast Asian country Iran’s...
  • $142m in Loans for SSO Pensioners
    05/08/2018
    The Social Security Organization, Iran’s largest pension fund, plans to allocate 6,000 billion rials ($142.85 million) in cheap loans and affordable housing to its pensioners in the current year (...
  • Tehran-North Railroad Feasibility Project Gets Going
    05/08/2018
    Tehran-North Railroad feasibility project has gotten underway and is estimated to take at least two years, Mazandaran Governor General Mohammad Eslami said on Monday. “If the project is approved...
  • IKIA is the main international airport of Iran located 30 kilometers southwest of the city of Tehran.
    05/08/2018
    The first development phase of Imam Khomeini Airport City was delineated in a press conference themed "Investment Opportunities in Imam Khomeini Free Trade Zone and Special Economic Zone" on Sunday...
  • More to It Than Meets the Eye
    05/07/2018
    Public institutions were meant to enter a “glass room”, a proverbial room where everything was transparent: budget figures, executive salaries and contracts.  This was a pledge Hassan Rouhani made...
  • Newly Enforced AMC Rules: A Step in Right Direction
    05/07/2018
    Securities and Exchange Organization of Iran, which has lately joined IOSCO, the regulatory body of Iranian capital market, made an announcement on April 18 regarding asset management companies (...
  • Non-Oil Trade With Russia Dips 42%
    05/07/2018
    Iran traded $1.03 billion worth of non-oil goods with Russia in the last Iranian year (ended March 20, 2018), which is 42.14% less compared to the year before, making Russia the 18th biggest...
  • Factories Buy 9,700 Tons of Fresh Tea Leaves
    05/07/2018
    Tea processing factories have bought about 9,700 tons of fresh tea leaves worth 260 billion rials (more than $6.19 million) from farmers in northern Iran following the spring harvest of the crop,...
  • Flask Imports Top $6 Million
    05/07/2018
    More than 2,779 tons of flasks worth close to 3 billion rials ($6.21 million) were imported in the last Iranian year (March 2017-18), according to data released by the Islamic Republic of Iran...
  • No one is jobless in Kish Free Trade Zone.
    05/07/2018
    The Statistical Center of Iran, the national statistical authority of the country affiliated to the Management and Planning Organization, will provide statistics on the economic indexes of Iranian...
  • Trade With Japan Sees 35% Decline
    05/06/2018
    Iran traded $1.09 billion worth of non-oil goods with Japan in the last Iranian year (ended March 20, 2018), 35.15% less compared to the year before, making the East Asian country Iran’s 16th...
  • Gilan Exports Near $40m  in 1 Month
    05/06/2018
    More than 70,000 tons of commodities worth $39.4 million were exported from the northern Gilan Province during the Iranian month ending April 20, which is up by 135% and 86% in tonnage and value...
  • Martina Dalic
    05/06/2018
    Croatia’s deputy prime minister and economy minister Martina Dalic was due to arrive in Tehran on Saturday for a five-day visit.  The official visit is at the invitation of her Iranian counterpart...
  • The Iranian delegation’s deal with Wageningen University stipulates cooperation in the fields of applied education, fishery and food security.
    05/06/2018
    Iran and the Netherlands signed two memoranda of understanding during the second meeting of the joint agriculture commission that ended in The Hague on Friday. The meeting was held in the third-...

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