non-oil export

Iran annual non-oil export risk coverage tops $2 billion

The Export Guarantee Fund of Iran (EGFI) says it has provided more than $2.3 billion worth of insurance to export shipments from Iran over the past calendar year ending late March.


Iran’s non-oil exports hit $60bn despite US sanctions

Iran has pocketed around $60 billion from exports of products, services and energy since the United States imposed its sanctions on the country’s sale of crude two years ago.


Iranian companies complete 100 power projects overseas

Iranian companies involved in the water and power industries undertook 100 foreign projects in the last decade, overseas project manager in Iran’s Water Resources Management Company (a subsidiary of Iran’s Energy Ministry) said.


Iran’s export to Iraq hits $9 billion in 9 months

Chairman of Iran-Iraq Joint Chamber of Commerce Yahya AleEshaq said that during the first 9 months of the Iranian calendar year (March 22-December 21, 2019), $9 billion of non-oil goods and services were exported to Iraq.

Joint Chambers

Demand for Iran’s copper outpaces supply despite US sanctions

The CEO of the National Iranian Copper Industry Company (NICICO) has said that for a first time in the country’s history the sector is facing a higher demand than current supply and output levels despite a series of American sanctions that seek to stifle Iran’s lucrative trade of metals.

Mine and Industry

Iran exports $30m of hand-woven carpet in seven months

A total of $30 million worth of hand-woven carpets were exported from Iran during the first seven months of the current Iranian year (March 21- Oct. 22), the head of Iran Chamber of Cooperatives’ Handicrafts and Tourism Commission said.


Iran’s metals exports to China up 150% YOY

A new report shows that Iran’s export of various metals and mining products to China have significantly increased this year amid government efforts to broaden its access to new sources of hard currency at a time of increased American pressure on the oil industry.

Mine and Industry

Iran seventh biggest global exporter of textile flooring

The ranking does not take into account the export of machine-made carpets, otherwise Iran would be the world’s fifth biggest exporter of textile floorings


Iran’s private firms call for stronger export credit guarantees to counter US sanctions

In a letter to President Hassan Rouhani, private sector representatives have called on government to give more authority to the Export Guarantee Fund of Iran with regard to issuing export guarantees, according to the EGFI chief.


Iran using all resources to sell oil in grey market: Official

Tehran says the US sanctions won’t hinder its continued efforts to sale oil in unofficial ’grey market’. Iranian authorities and energy analysts believe Iran would be able to export as much as 600,000 bpd.