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IRNA

Iran imports over 1.3 million cellphones in two months

The Islamic Republic of Iran Customs Administration (IRICA) says more than 1.3 million cellphones worth over $340 million were imported to the country in the first two months of the Iranian calendar year starting on March 20.

Trade

Iran’s Q1 pistachio exports to EU up 17% YOY

The statistical office of the European Union (Eurostat) has announced that in the first quarter of the current year, Iran’s pistachio exports to the member states of the European Union increased by 17% compared to the same period last year, reaching €34 million.

Agriculture and Environment

Iran annual inflation at lowest rate in three years

The latest official figures show that Iran’s annual inflation rate has reached 37%, which is the lowest rate in the past three years.

Macro Economy

Iran’s stock market halts activities over Pres. Raisi’s martyrdom

Iran’s Securities and Exchange Organization (SEO) has halted its activities over the martyrdom of President Ebrahim Raisi and his accompanying team in a helicopter crash in northwest of the country.

Financial Markets

Iran oil output reaches 3.3 million bpd in April: IEA

The International Energy Agency (IEA) declared a 50,000 barrel per day jump in Iran’s daily oil production in the fourth month of the current year, reaching 3.3 million barrels per day.

Energy

India adheres to commitments to develop Chabahar port: Envoy

New Delhi lives up to its obligations to develop the Iranian port of Chabahar, the Indian Ambassador to Iran Rudra Gaurav Shresth says.

Transportation

Iran’s power generation capacity exceeds 93 GW

Iran’s total power generation capacity has exceeded 93 gigawatts (GW), according to an official with the country’s Thermal Power Plants Holding Company (TPPH).

Energy

Iran-US trade volume doubles in Q1 2024

The official data of the United States show that the country’s trade with the Islamic Republic of Iran has more than doubled in the first quarter of this year.

Trade

Iran’s petrochemical output at 82 million mt

Iran’s petrochemical output has increased to 82 million metric tons (mt), according to an official familiar with the matter.

Mine and Industry

Iran VP highlights trade with Iraq in national currencies

Iran’s First Vice-President Mohammad Mokhber has stressed the need for Tehran and Baghdad to carry out trade in national currencies.

Trade

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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