Iran’s largest oil refinery reports increase in processing capacity

The Abadan oil refinery, the largest in Iran, has reported an increase in processing capacity as part of an official policy to slash the export of crude oil.


214m tons of goods loaded, unloaded in Iranian ports in 11 months

As much as 214 million tons of goods has been either loaded or unloaded in Iranian ports in 11 calendar months leading to late February, official figures said.


Iran’s foreign trade hits $138.8 billion in 11 months

Iran’s total foreign trade, including exports of crude oil and techno-engineering services, reached $138.8 billion in 11 calendar months to February 19, according to Head of the country’s customs administration.


Iran’s auto output hits 1.23 million in 11 months

Iranian automakers produced about 1.23 million vehicles in 11 months of the current Iranian calendar year (March 21, 2023- February 19, 2024), an official in the Industry, Mining and Trade Ministry has announced.

Mine and Industry

IMF raises Iran 2024 economic growth outlook

The International Monetary Fund (IMF) has increased its outlook of economic growth in Iran for 2024, attributing it to a surge in the country’s oil production.

Macro Economy

Iran lifts curbs on dates exports ahead of Ramadan

The Iranian government has lifted its curbs on exports of dates from the country just ahead of the holy month of Ramadan when demand for dates soars in Muslim countries.

Agriculture and Environment

Iran 2nd largest exporter of pistachio to Europe

Eurostat, the statistical office of the European Union, has announced that Iran exported €92 million worth of pistachios to Europe in 2023, making it the second-largest pistachio exporter to the continent.


Iran’s 10-month exports to EAEU states rise 11% YOY

Iranian exports to the Eurasian Economic Union (EAEU) member countries show an 11% year-on-year growth in the 10-month period ending in late January, according to an official familiar with the matter.


‘Iran, Armenia eye $3bn trade volume’

Deputy Prime Minister of Armenia Mher Grigoryan says Iran and Armenia are able to increase the volume of trade to $3 billion.


Iran’s 10-month trade with SCO states at $37.1 billion

Iran has exchanged some 64.3 million metric tons (mt) of non-oil products valued at $37.1 billion with the member states and observer members of the Shanghai Cooperation Organization (SCO) in the the first 10 months of the current Iranian year (March 21, 2023, to January 21, 2024), according to a person familiar with the matter.