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Financial Tribune

Iran’s exports hit $9.4 billion in two months

Iran’s exports reached 29.71 million tons worth $9.41 billion during the two months ending Oct. 22, according to the spokesman of the Islamic Republic of Iran Customs Administration.

Trade

Iran’s agrifood exports hit $2.3 billion

Iran exported 3.94 million tons of agricultural and food products worth $2.33 billion in the first six months of the current fiscal year (March 21-Sept. 22).

Agriculture and Environment

Iran resumes roundtrip flights to Kuwait

Flights from the Iranian cities of Shiraz, Mashhad, Ahvaz and Lar to Kuwait will resume as of Nov. 1, as Kuwait’s National Airlines Company has issued the permit for these flights.

Transportation

IRCS meets commitments on imports of vaccine

The Iranian Red Crescent Society fulfilled its commitment to bring in 112 million doses of the Chinese Sinopharm vaccine by the end of October as part of national efforts to curb the Covid-19 outbreak.

Society Economy

Iran’s H1 domestic airport traffic up 8% YoY

Domestic passenger traffic in Iranian airports saw year-on-year growth of 8% during the first six months of the current Iranian year (March 21-Sept. 22), as 11.96 million passengers were flown internally by Iranian airlines during the period.

Transportation

Iran’s Q2 poultry output dips

Atotal of 510,700 tons of poultry meat were produced in Iran’s official slaughterhouses in the second quarter of the current Iranian year (June 22-Sept. 22), indicating a 2.2% decline compared with the first quarter of current Iranian year (March 21-June 21).

Agriculture and Environment

Iran’s nine-month trade with China declines 6.9% YoY

Iran’s commercial exchanges with its leading trading partner, China, stood at $10.43 billion in the first nine months of 2021, registering a 6.9% decline compared with the corresponding period of 2020.

Trade

Iran to launch freight shipping routes to Russian, Kazakh ports

Khazar Sea Shipping Lines Company and the Trade Promotion Organization of Iran have signed a memorandum of understanding to establish six regular shipping routes for freight transport between Iran’s northern ports in the Caspian Sea and those of Russia and Kazakhstan.

Transportation

Iran, Iraq ease visa requirements

Visa requirements have been eased between Iraq and Iran.

Transportation

Iran steel output down 8.6% in nine months

Iranian steel mills produced a total of 19.3 million tons of crude steel in the first nine months of 2021, which indicate an 8.6% decline compared with the corresponding period of 2020.

Mine and Industry

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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