Iran exports

Sistan-Baluchestan exports to Afghanistan up 56%

More than $181 million worth of goods were exported from the southeastern province of Sistan-Baluchestan to Afghanistan during the first two months of the current Iranian year (March 20-May 20) to register a 56% rise compared with last year’s corresponding period.

Trade

Iran-Armenia trade tops $100m in Q1 2020

The commercial exchange between Iran and Armenia between January and April 2020 stood at $101.06 million to register a 0.37% decline compared to the corresponding period in 2019.

Trade

New measures to ease financial procedures for export firms in Iran

The Government-Private Sector Dialogue Council on Tuesday approved seven proposals out of nine to ease rules and procedures for repatriation of exporters’ overseas earnings and help promote the key sector.

Iran Chamber

Iran eases curbs on exports of coronavirus test kits, PPEs

Iran’s caretaker minister of industries says that the country has lifted restrictions on exports of some tests kits and personal protective equipment (PPE) needed to confront the new coronavirus pandemic amid a surge in production that outweighs domestic demands.

Trade

Iran saffron prices collapse to lowest level in decades amid coronavirus outbreak

The price of the Iranian saffron has stumbled to historical lows of $400-500 per kilogram as the new coronavirus pandemic hits major customers in Europe.

Agriculture and Environment

Iran trade deficit at $1.5bn in 11 months to February

Iran’s trade balance has slipped into a deficit of $1.5 billion in the 11-month period ending late February as imports surge by more than two percent.

Trade

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’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.

Trade

China, Iraq maintain top positions as Iran non-oil export markets in 11 months

Although bilateral trade between Iran and China have seen a sharp dip, the Asian power is still the first destination of Iranian non-oil exports which, according to latest reports, are petroleum-based products are petrochemicals.

Trade

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