Figures by the Iranian customs office (IRICA) show that rice imports into the country fell significantly in April-May compared to the same period last year.
President of Russia’s Chamber of Commerce and Industry (TPPRF) says bilateral trade with Iran rose by a fifth last year.
The US dollar has logged its biggest daily drop in months against Iran’s currency the rial amid stronger signals that an international nuclear deal between Iran and world powers could be revived in the near future.
The World Bank expects Iran’s economy to expand by 2.2% this year despite continued pressure of the US sanctions on the country’s economy.
A source in the Iraqi foreign ministry has confirmed the Arab country will pay $2.76 billion worth its energy debts to Iran as part of a recent understanding with US authorities.
Iran hopes its trade with Brazil could double within few years to reach an annual target of $10 billion, according to a senior businessman who watches over trade between the two countries.
Iran’s consumption of steel has increased significantly in the two month to late May compared to the same period last year amid a surge in demand for domestically-produced steel in the country’s manufacturing sector.
Iran has added at least 15 ships to its merchant fleet in the Caspian Sea amid growing trade ties with Russia and other countries located to the north of Iran.
Figures by the United States Department of Agriculture (USDA) show that wheat output in Iran is going to increase by 10% this year.