Financial Tribune

Iran’s Q1 trade with OIC hits $12.7 billion

Non-oil trade between Iran and the member states of the Organization of Islamic Cooperation stood at 21.07 million tons worth $12.77 billion in the first quarter of the current fiscal year (March 21-June 21), latest data released by the Islamic Republic of Iran Customs Administration show.

Trade

Iran’s three-month air passenger traffic up 41%

Passenger traffic in Iranian airports registered a year-on-year rise of 41% in the current fiscal year’s first three months (March 21-June 21), as 8.16 million passengers were flown internally by Iranian airlines.

Transportation

H1 trade between Iran, US at $23.8 million

Iran’s trade with the US stood at $23.8 million during the first six months of 2022 (January-June) to register an 18.41% rise compared with the year before.

Trade

Iran’s four-month tire output tops 8 million

Domestic tire manufacturing companies produced 8.15 million tires in the first four months of the current fiscal year (March 21-July 22), registering a 1% growth compared with the corresponding period of last year, IRNA reported.

Mine and Industry

Iran lifts ban on livestock exports

Iran’s ban on export of non-reproductive livestock has been lifted, the Islamic Republic of Iran Broadcasting reported.

Agriculture and Environment

Iran’s Q1 Exports to Oman nearly tripled YOY

Iran exported a total of $331 million worth of goods to its southern neighbor Oman during the first three months of the current Iranian year (March 21-June 21), registering a 169% rise compared with the similar period of last year, according to Chairman of Iran-Oman Chamber of Commerce Mohsen Zarrabi.

Trade

120 Iranian cities on red COVID alert

The number of cities on coronavirus red alert more than doubled in a span of one week, from 57 to now 120 as highly contagious variants of the original virus circulate throughout the country.

Society Economy

73% of Iranian tile, ceramic exports shipped to Iraq

Around 73% of Iran’s tile and ceramic exports go to neighboring Iraq, according to the head of the board of directors of the National Tile and Ceramic Producers Guild Association.

Mine and Industry

Iran’s H1 crude steel output down 10.8% YOY to 13.6 million tons

Iranian steel mills produced a total of 13.6 million tons of crude steel during the first half of 2022, registering a 10.8% decline compared with the corresponding period of 2021.

Mine and Industry

Iranian airline launches flight between Shiraz, Tbilisi

Pars Air has recently launched direct flights between the Iranian city of Shiraz and the capital of Georgia, Tbilisi.

Transportation