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Persian Gulf

Iran’s trade with Persian Gulf countries outstrips $35b in fiscal 2022-23

Iran traded 58.25 million tons of goods (excluding crude oil exports) worth $35.11 billion with Persian Gulf countries over the past Iranian calendar year to March 20, latest data released by the Islamic Republic of Iran Customs Administration show.

Trade

Iran’s 11-month trade with Persian Gulf states hits $31.7 billion

Iran traded 53.46 million tons of goods (excluding crude oil exports) worth $31.75 billion with the Persian Gulf’s six littoral states, namely Iraq, Kuwait, Qatar, the UAE, Bahrain and Saudi Arabia, during the first 11 months of the last Iranian year (March 21, 2022-Feb. 19).

Trade

Iran’s trade with Persian Gulf states up 15% in 10 months

Latest data released by the Islamic Republic of Iran Customs Administration (IRICA) shows that the volume of trade between Iran and Persian Gulf littoral countries have increased by 15% over the first 10 months of the current Iranian year (March 21, 2022-Jan. 20).

Trade

Iran’s eight-month trade with Persian Gulf states tops $20 billion

Iran traded 33.2 million tons of goods (excluding crude oil exports) worth $20.22 billion with the Persian Gulf littoral states during the first eight months of the current fiscal year (March 21-Nov. 21).

Trade

Iran’s trade with Persian Gulf states hits $13.9 billion in six months

Iran’s trade with six Persian Gulf littoral states during the first six months of the current fiscal year (March 21-Sept. 22) reached $13.9 billion, according to latest data released by the Islamic Republic of Iran Customs Administration (IRICA).

Trade

Iran sells 3,000 tons of gasoline on Energy Exchange

For the first time in the history of Iran’s oil industry since 1901, 3,000 tons of Euro-5 gasoline was sold via the international ring of Iran Energy Exchange, also known as IRENEX.

Energy

Iran says tanker incidents have not impacted its oil sales

Iran’s Oil Minister, Bijan Zanganeh, said on Sunday that the country’s oil exports had not been impacted so far by the recent tanker incidents in the Persian Gulf.

Energy

Iran, Qatar to launch cargo-passenger shipping line from Bushehr Port

Iran’s southern port of Bushehr is about to launch a cargo and passenger shipping line with Qatar using a roro/passenger ship called Grand Ferry.

Transportation

‘Oman, safe corridor for re-export of Iranian commodities’

Iran private sector parliament believes the Persian Gulf country is a safe and secure place for the Iranian businesses to be able to export their goods to Africa, Arab and European countries.

Agriculture and Environment

Qatar to produce red meat in Iran’s Bushehr

Qatar has been eagerly expanding ties with Iran after its neighbors imposed economic sanctions and cut bilateral relations. Iran has been exporting much of the necessary commodities to the Persian Gulf country through the southern Port of Bushehr.

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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