Tehran Times

Iran rises to OPEC fourth biggest producer: IEA

The International Energy Agency (IEA) in its latest “Oil Market Report” released last week put Iran’s oil production in December at 2.72 million barrels per day (bpd) indicating that the country has risen to the fourth place among OPEC’s top oil producers.

Energy

Iran produces over 18.4 million car tires in nine months

Iranian tire manufacturers produced 18,420,876 car tires in the first nine months of the current Iranian calendar year (November 22-December 21, 2022), rising two percent from the output in the same period of time in the previous year.

Mine and Industry

Iran, Belarus private sectors sign agricultural cooperation document

Iran and Belarus have signed a memorandum of understanding (MOU) for expanding cooperation in the agricultural sector, the portal of the Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) reported.

Local Chambers

Iran exports $976 million worth of goods to European Union in 11 months

The value of Iran’s export to the European Union (EU)’s member states rose 20 percent in the first 11 months of 2022, as compared to the same period in 2021, according to the data released by the European Union’s statistics office Eurostat.

Trade

Iran maintains its position as owner of world’s 22nd biggest maritime fleet

The United Nations Conference on Trade and Development (UNCTAD) says Iran has maintained its position as the owner of the world’s 22nd-biggest maritime fleet in terms of capacity.

Transportation

Iran exports $3.1 billion worth of goods to Turkey in 11 months

The value of Iran’s exports to neighboring Turkey increased by 24 percent to reach $3.1 billion in the first 11 months of 2022, according to the figures recently released by the Turkish Statistical Institute.

Trade

Direct shipping line launched between China, Iran’s Chabahar port

The first container ship departing from China docked at Iran’s key port of Chabahar on Saturday, marking the establishment of the first direct shipping line between China and Iran’s southeastern seaport.

Transportation

Iran eyes an annual $180 billion of petchem revenues in 10 years

The managing director of Iran’s National Petrochemical Company (NPC) said over the next 10 years the country’s annual petrochemical production capacity will reach 200 million tons which will bring the country $180 billion in revenues every year, Shana reported on Thursday.

Energy

Official report puts Iran’s H1 non-oil GDP growth at 3.4%

Iran’s gross domestic product (GDP) excluding oil grew 3.4 percent in the first six months of the current Iranian calendar year (March 21 – September 22) compared to the same period last year, according to the Statistical Center of Iran (SCI).

Macro Economy

98% of Iran’s food industry operated by private sector

Director-general of the Iranian Agriculture Ministry’s Office of Processing and Food Industries said 98 percent of the country’s food industry, including production, processing, and export industries, is operated by the private sector.

Agriculture and Environment