Iran Chamber Newsroom

Iran’s non-oil exports hit $17.5 billion in four months

Iran has exported as much as $17.5 billion worth of non-oil product in the four calendar months to July 21, marking an 8% year-on-year growth, according to the head of the country’s customs administration.

Trade

Iran’s inflation rate eases 0.6% to 35.5% in month to late July

Iran has reported a further drop in its annual inflation rate amid better government controls on basic good supplies and tighter monetary rules.

Macro Economy

FM official highlights Iranian government railway agreements

Iran’s Deputy Foreign Minister for Economic Diplomacy Mehdi Safari has said that Iran has reached good railway agreements with Central Asian countries during the current administration.

Transportation

Iran’s three-month exports to Oman up 40% YOY

Iran’s export of non-oil products to Oman has registered a 40% year-on-year growth in the three calendar months to June 20, according to a senior official with the country’s Trade Promotion Organization (TPO).

Trade

Foreign transit through Iran has reached as much as 7.6 million tons in the four calendar months to July 21, marking a 58.5% increase year-on-year, according to customs data.

7.6 million tons of transit goods pass through Iran in four months

Transportation

The Ministry of Transport of Kazakhstan announced that Iran, Russia, Kazakhstan and Turkmenistan signed the development roadmap of the eastern route of the International North-South Transport Corridor (INSTC) for 2024-2025.

Major step taken for developing eastern part of INSTC corridor

Transportation

Iran has managed to increase its agricultural output by nearly a fifth in a year amid growing efforts to cut back on imports of basic goods and to increase the added value in the country’s agriculture sector, according to Minister of Agricultural Jihad.

Iran’s agriculture output rose 19% in year to March: Minister

Agriculture and Environment

The Iranian government has announced it will continue to allocate subsidized currency to import rice into the country.

Iran to continue allocating subsidized currency to rice imports

Trade

Iran’s president-elect Masoud Pezeshkian says he will cooperate with private sector to ensure economic growth.

Iran’s president-elect vows cooperation with private sector

Iran Chamber

The first Chinese transit train will leave Iran for China, according to the spokesperson for the Parliament’s National Security and Foreign Policy Committee.

First freight train to depart Iran for China

Transportation

Iran president-elect urged to improve business environment

Iran Chamber

Iran’s exports of non-oil goods in the first three months of the current Iranian calendar year (started March 21, 2024) reached $13.5 billion, registering a 7.1 percent growth compared to the same period last year.

Iran’s non-oil exports hit $13.5 billion in three months

Trade

The International Monetary Fund (IMF) predicted that Iran’s economic growth will hit 3.3 percent in 2024.

Iran’s economic growth to hit 3.3% in 2024: IMF

Macro Economy

In line with efforts to increase Iranian wheat output over the past few years, the country has plans to give a further rise to its rain-fed wheat production within the next 3 years, according to deputy minister of agricultural jihad.

Iran plans to expand rain-fed wheat production

Agriculture and Environment

Iran Chamber of Commerce, Industries, Mines and Agriculture

Established in 1884, Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) is a non-profit and non-governmental institution which aims at facilitating economic growth and development in the country. Iran Chamber tries to further coordinate the activities of the private sector. As an economic forum, representatives from both the government and the private sector attend Iran Chamber's sessions. Meanwhile the institution acts as an advisory body to the government, parliament and judiciary.