foreign trade

Iran exports some 2.5m tons of agrifood in four months to late July

The Iranian Customs Administration (IRICA) says Iran has exported some 2.5 million tons of agrifood in the first four months of the fiscal year (March 21-July 22).

Trade

Iran government urged to use good relations with neighbors to promote foreign trade

Iran has good connections with its neighbors which provides a chance for the country to increase foreign trade and give a boost to exports, Hadi Tizhoush Taban, the head of Iran-Russia Joint Chamber of Commerce says.

Trade

Iran’s exports to Russia up 49% in three months to June

With the launch of green corridor system in customs between Iran and Russia, Iran’s exports to Russia has grown 49% in the first quarter of the fiscal year (March 21-June 22) compared to last year’s corresponding period, with Iran’s imports from Russia showing a 15% increase.

Joint Chambers

Main gateway between Iran, Afghanistan reopens after five-day closure

Milak border crossing – the main gateway between Iran and Afghanistan – has reopened after it was closed due to violence near the Iranian border in Afghanistan on Friday, according to the spokesman of Iran Customs Administration.

Trade

Little impact of sanctions on Iran’s trade relations with neighboring countries

US unilateral sanctions on Iran over the past three years have left little impact on the country’s trade relations with neighboring countries, according to the head of Iran Export Confederation.

Trade

Transit of goods via Iranian borders grows by 48% YOY

More than 1 million tons of foreign commodities were transited via Iranian borders in the calendar month to July 22 posting a 48% growth in comparison to 682,000 tons of last year’s corresponding month, according to the spokesman of Iran Customs Administration (IRICA).

Trade

Iran’s trade with neighbors hits $10.5bn in three months

Iran’s trade with its 15 neighboring countries stood at $10.5 billion in the first quarter of the current fiscal year (March 21-June 21), data released by the Islamic Republic of Iran’s Customs Administration show.

Trade

Share of agricultural, medical products increases in Iran-Switzerland trade

Companies active in transactions between Iran and Switzerland are showing more interest in agricultural and medical products which has led to an increase in the share of these items in bilateral trade between the two countries, a businessman said.

Trade

Iran’s exports to Afghanistan down 85% due to Afghan civil war: Businessman

Head of Iran-Afghanistan Joint Chamber of Commerce Hossein Salimi said that Iran’s export’s to Afghanistan has dropped over 85% due to the unrest and civil war in Afghanistan.

Trade

Central Bank of Iran allocates $15bn to imports of essential goods

The Central Bank of Iran has provided $15 billion for the import of essential goods in the first four months of the current Iranian year (March 21-July 22), 27% more than the corresponding period of last year.

Macro Economy