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Financial Tribune

Iran’s seven-month pistachio exports top $530 million

A total of 80,000 tons of pistachio worth $533 million were exported from Iran during the first seven months of the current fiscal year (March 21-Oct. 22), according to an Agriculture Ministry official, Darab Hassani.

Trade

Iran, India agree to increase freight traffic through Chabahar

India has agreed to increase its freight transit through Iran to help more traffic pass through the strategic port of Chabahar, according to the Iranian transportation minister Rostam Qassemi.

Trade

Iran’s steel output declines by 10%

A new report by the Iranian Steel Producers Association shows Iranian steelmakers produced a total of 18.53 million tons of semi-finished products during the first eight months of the current fiscal year (March 21-Nov. 21), down 10% year-on-year.

Mine and Industry

Iran’s imports of animal feed raw material hit $3.7 billion

Iran imported a total of 10.28 million tons of raw materials for the production of animal feed worth $3.78 billion during the current fiscal year’s first eight months (March 21-Nov. 21), registering a 20% and 41% rise in weight and value respectively compared with the similar period of last year.

Macro Economy

Iran reports first case of Omicron coronavirus variant

Iran registered its first case of the Omicron variant of Covid-19 on Sunday as health authorities convened for an emergency meeting to decide on an approach to address the new global threat.

Society Economy

Iran’s imports of essential goods hit record high

The Government Trading Corporation has imported a record high of 6.2 million tons of essential goods since the beginning of the current Iranian year (started March 21), the director general of GTC’s Foreign Trade Coordination Department said.

Macro Economy

Iran, world’s 3rd biggest producer of pomegranate

A total of 1.1 million tons of pomegranates are expected to be produced from around 90,000 hectares across the country by the end of the current Iranian year (March 20, 2022), according to an Agriculture Ministry official.

Agriculture and Environment

Iran’s total COVID-19 vaccine imports top 150 million doses

A new shipment of Covid-19 vaccines arrived on Dec. 16, bringing the total volume of such imports to 150.11 million doses, according to Mehrdad Jamal Arvanaghi, the technical deputy of the Islamic Republic of Iran Customs Administration.

Society Economy

Over 14,000 tons of Iranian agrifood exports sent back due to standard failure

Atotal of 14,096 tons of Iran’s agrifood export consignments worth $9.19 million were sent back by nine export destinations during the first eight months of the current Iranian year (March 21-Nov. 21) on account of failure to meet standards, according to the spokesperson of the Islamic Republic of Iran Customs Administration.

Agriculture and Environment

Iran output of petroleum products up 6%

The output of petroleum products has increased by 6% in Iranian refineries, said the director of coordination and production supervision at the National Iranian Oil Refining and Distribution Company.

Energy

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.

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