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IRNA

Iran’s H1 foreign trade tops $54bn

Iran’s foreign trade surpassed $54 billion during the April-September period, witnessing a 4.84 percent growth compared with the similar period in 2022, Head of the country’s Customs Administration Mohammad Rezvanifar has announced.

Trade

New project adds 16 million liters to Iran’s daily diesel output

A newly launched diesel processing project has increased Iran’s diesel production by another 16 million liters per day.

Energy

Iran’s H1 customs revenues up 67% YOY

The Islamic Republic of Iran’s Customs Administration (IRICA) has reported a significant growth of 67% in total customs revenues in the six months to late September, saying receipts reached 805.27 trillion rials, or around $1.6 billion.

Macro Economy

Iran recovers pre-pandemic transit system with Turkmenistan

Foreign trucks have started carrying out direct travels into Iran from two joint borders between Iran and Turkmenistan over the past few days, according to a local official at the bordering province of Khorasan Razavi.

Trade

Iran economy grew by 6.2% in first quarter: CBI

The Central Bank of Iran (CBI) has reported that the economy grew by 6.2% in the first three months of the Itranian calendar year (March 21 to June 21).

Macro Economy

Iran’s five-month seafood exports up 32% YOY

Iran’s seafood exports has witnessed a 32% year-on-year growth both in terms of value and tonnage in the five months to August 22, according to a senior official with Iran Fisheries Organization.

Iran Economy

Iran regains position as third-largest OPEC producer

Iran has produced as much as 3 million barrels per day (bpd) of crude oil in August to regain its position as the third-largest crude oil producer among OPEC member countries, according to the latest OPEC data.

Energy

Iran self-sufficient in wheat production: Minister

Iranian agricultural minister Mohammad Ali Nikbakht has said that the country has become self-sufficient in production of wheat and does not need it import the staple grain in the coming year.

Agriculture and Environment

Iran exports $110mn worth of pistachios in March-August

Iran exported around 16,000 metric tons (mt) of various types of pistachio nuts valued at $110 million to 44 countries during the first five months of the Iranian calendar year, with Russia accounting for 23% of the total exports.

Agriculture and Environment

Khaf-Herat railway links Afghanistan to Europe: Afghan official

The head of Afghanistan’s railway department has visited the northeastern Iranian city of Mashhad to coordinate efforts to complete the final section of the Khaf-Herat railway project.

Transportation

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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