IRNA

Iran’s second-largest carmaker reports decline in output

Iran’s second-largest automaker, Saipa, has reported a 6-percent decline in the number of sedans it has produced in the eleven months to February 19.

Mine and Industry

Report puts Iran’s 11-month steel exports at around $7 billion

Iran has exported an almost $7 billion worth of steel products in the 11 months to late February, according to a report by the Iranian Steel Producers Association (ISPA).

Mine and Industry

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.

Energy

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.

Trade

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.

Trade

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.

Trade

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.

Trade