Press TV

FAO names Iran as world’s third largest honey producer

Latest data by the United Nations Food and Agriculture Organization (FAO) show that Iran was the third largest producer of honey in the world in 2022.

Agriculture and Environment

Iran, Venezuela agree to expand oil cooperation

Iran and Venezuela have signed a series of memoranda of understanding (MoUs) to expand oil sector cooperation between the two countries, according to a report by Iranian oil ministry’s news service Shana.

Energy

First plug-in hybrid by Iran’s Saipa to hit market by March

Iran’s second largest carmaker Saipa says its first plug-in hybrid electric vehicle (PHEV) will hit the market in the calendar year to late March 2024.

Mine and Industry

Iran’s Q4 jobless rate at 9.7%

Figures by the Iranian government’s statistics agency show the country’s jobless rate rose 0.3% in the quarter to March 20 compared to the same period last year to reach 9.7%.

Macro Economy

Iran to launch direct shipping route to Brazil

The Islamic Republic of Iran Shipping Line (IRISL) is planning to launch a direct container route to Brazil, according to a businessman with the knowledge of the matter.

Transportation

Iran’s apple exports nearly halved in 11 months

Iran’s exports of apple fell by nearly a half in volume terms in the past calendar year, according to a senior official at the country’s agriculture ministry (MAJ).

Agriculture and Environment

Iran sets 1.6-million car output target for this year

Iranian automotive companies are expected to hit a record target of 1.6 million vehicles in collective output in the calendar year to late March 2024, according to the country’s industries minister.

Mine and Industry

Iran’s last year auto output hits all-time record

Iran’s vehicle production hit an all time record high in the calendar year to late March despite a significant reduction in the production of foreign brands under the complete knock down (CKD) arrangement.

Mine and Industry

87% of Iran’s steel output consumed domestically

Figures by Iranian Steel Producers Association (ISPA) show domestic demand for steel increased significantly in the 11 months to late February as steelmakers supplied some 87.8% of their products to domestic customers over the period.

Mine and Industry

Iran’s foreign debt down 25.1% YOY: CBI

The Central Bank of Iran (CBI) in its latest figures has put the country’s foreign debt at $6.497 billion, down by more than a fourth compared to figures announced in late March 2022.

Macro Economy