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foreign trade

Iran’s trade deficit expanding since 2021: Report

A report by the Iranian parliament shows that the country has seen its trade deficit widen since 2021 due to issues like international inflation, the declining value of Iran’s export commodities, fluctuations in currency prices, and too much focus on major trade partners.

Trade

Iran ready to expand all-out ties with Africa: Pezeshkian

President Masoud Pezeshkian has announced Iran’s readiness to expand comprehensive cooperation with African nations, offering to share its advancements in healthcare, trade, industry, agriculture, security, and peace.

Iran Economy

Iran’s non-oil trade with neighbors up 21% in 2024, customs chief says

Iran’s non-oil trade with 15 neighboring countries rose by 21% in the past Iranian year to March 19, 2025, reaching $74.32 billion, the head of the Islamic Republic of Iran Customs Administration (IRICA) said on Thursday.

Trade

Iran’s non-oil trade surpasses $116 billion in nine months

Iran’s non-oil trade exceeded $116 billion in the first nine months of the current calendar year (March 20 – December 19, 2024), marking an 11.2% increase from the same period last year, Central Bank Governor Mohammadreza Farzin said.

Trade

Iran’s state shipping company reports record rise in TEU activity

The Islamic Republic of Iran Shipping Line Group (IRISL) has reported a major rise in its handling of the twenty-foot equivalent unit (TEU) containers in the current calendar year compared to the year that ended in late March 2024.

Trade

Iran’s non-oil trade up 18% in 11 months

Iran’s Minister of Economy Abdolnasser Hemmati says that 11 months into the Iranian calendar year, the country has witnessed an 18% growth in non-oil trade.

Trade

Iran’s trade deficit narrows to $2 billion amid export growth: Economy minister

Iran’s Minister of Economic Affairs and Finance Abdolnaser Hemmati announced a significant reduction in the country’s trade deficit, shrinking from $12.5 billion last year to $2 billion, driven by an 18% surge in non-oil exports.

Trade

Businessman says Iran’s food exports are concentrated in three regional markets

Iran’s food exports reached $1.5 billion in the first eight months of the calendar year (March 20 – November 20, 2024), with the majority of this trade concentrated in three neighboring countries of Iraq, Afghanistan, and Pakistan, according to a businessman familiar with the matter.

Trade

Iran’s non-oil exports reach $43.14 billion in nine months

Iran’s non-oil exports reached $43.14 billion in the first nine months of the current Iranian calendar year, marking an 18% increase compared to the same period last year, according to the head of the Islamic Republic of Iran Customs Administration (IRICA).

Trade

Iran’s non-oil exports grow 18% in eight months

Iran’s customs office (IRICA) says non-oil exports from the country rose by 18% year on year in the eight months to November 20.

Trade

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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