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Iran exports

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

Iran exports to Russia up 36% in 2018

Tehran has been eyeing a bigger share of the Russian market by increasing its exports to the country which has led to a hike in their bilateral trade.

Trade

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 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

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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