non-oil export

Iran non-oil exports to regional countries show double-digit rise in 10 months

The increases are a clear sign that Iran is looking more to strengthen its economic relations with its neighbours, especially with those it shares borders, in the wake of intensified unilateral US sanctions.

Trade

Iran non-oil trade with Americas over $800m in 9 months

Brazil, the US, Canada and Uruguay are the four North and South American countries that have had major commercial dealings with Iran since 21 March, according to the latest data.

Trade

Private sector to bolster Iraq trade in 5-day visit

Dozens of Iranian businessmen will try to increase their investment in the neighbouring country by holding talks with Iraqi traders from all across the country. The visit comes after US Secretary of State Pompeo visited Iraq to help reduce Irans influence there.

Trade

Iran says oil money coming back from India, China, South Korea

Tehran has been able to establish financial channels with regional countries to pay its exports in their national currencies in a bid to unblock the flow of export money to the country.

Financial Markets

Iran exports to Iraq worth $11bn annually

Iran has been dominating the market in Iraq as the Baghdad moves forward to rebuild the Arab country. Commodities and energy top Iraqi annual imports.

Trade

Iran hits trade surplus of $738m

A latest report by Iran’s Customs Administration shows how a drop in imports helped increase the country’s trade surplus in a 9-month period (April-December).

Trade

Iran’s Golestan province exports hit $200m in 9 months

The province is located on the southern shores of the Caspean Sea and shares border with Turkmenistan, one of the main markets for the Iranian goods.

Trade

Iran agro exports set record high of $4.5bn

Iraq and Afghanistan are the top destinations of Iranian food products as Tehran seeks to bolster its regional economic ties. Germany is Iran’s only European market.

Agriculture and Environment