essential goods

Iran imports 7.35 million tons of essential goods in four months

Iran has imported some 7.35 million tons of essential goods worth $4.763 billion in the first four months of the current calendar year (March 21 – July 21), according to a report by the Ministry of Economy.

Macro Economy

Iran allocates $2.5 billion for essential imports

The Central Bank of Iran said it allocated close to $2.5 billion for importing of wheat, corn, barley, soybean meal, oilseeds, oil, rice, fertilizers, and other essential commodities since the beginning of the current fiscal year in late March.

Iran Economy

Iran’s imports of essential goods top 19 million tons in 10 months

Latest figures released by Ports and Maritime Organization of Iran (PMO) suggest that the country has unloaded over 19 million tons of essential goods in its ports during the first 10 months of the current Iranian calendar year (March 21, 2022 – January 20, 2023).

Trade

Iran slashes VAT on import of some basic commodities

The Islamic Republic of Iran Customs Administration has reduced value-added tax on the import of seven types of oilseeds and vegetable oils from 9% to 1%.

Macro Economy

Minister says Iran’s annual grains output grew by 13.5%

Iran’s agriculture minister Javad Sadatinejad says the country’s grains output rose by 13.5% in the year to late August.

Agriculture and Environment

Iran imports over 1 million tons of rice in six months

More than 1 million tons of rice were imported into Iran during the first half of the current Iranian year (March 21-Sept. 22).

Trade

Iran’s imports of essential goods hit $10 billion

A total of 13 million tons of goods worth $10 billion have been imported into Iran since the beginning of the current Iranian year on March 21, the deputy head of the Islamic Republic of Iran Customs Administration said.

Macro Economy

Iran imports $4.5 billion of essential goods in Q1

A total of 5.9 million tons of essential goods worth $4.5 billion were imported during the first three months of the current Iranian year (March 21-June 21), according to a customs official.

Trade

Iran to ramp up cooking oil imports to prevent domestic shortages

Iranian agriculture ministry (MAJ) plans to ramp up imports of cooking oil into the country to prevent any shortages that could be caused by the military conflict between Russia and Ukraine.

Trade

Iran’s imports of essential goods top 2.5 million tons in 10 months

As announced by a provincial official, 2.533 million tons of basic commodities have been imported to Iran through Shahid Rajaee port, in the northern Hormozgan province, during the first ten months of the current Iranian calendar year (March 21, 2021-January 20, 2022).

Trade