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foreign 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

Iran exports $2.8bn worth of goods to Iraq in four months

Iran’s exports to Iraq in the first four months of the current fiscal year (March 21-July 22) stood at $2.8 billion, Hamid Hosseini, member of Iran-Iraq Chamber of Commerce’s board of directors, told Fars News Agency.

Trade

Iran’s non-oil exports surged by 81% in 8 years: Report

Iran saw its exports of non-crude goods surge by 81% in the eight years to March 2021 despite restrictions facing the country because of US sanctions and the spread of the coronavirus pandemic that hit the global trade in the past two years.

Trade

Iran’s foreign trade grows 47% yoy

Iran Customs Administration (IRICA) chief Mehdi Mirashrafi said on Friday that Iran’s foreign trade over the first four months of the current Iranian calendar year (started on March 20) grew by 47% compared with the previous year’s corresponding period.

Trade

Iran’s trade with EU tops €1.8b in first 5 months of 2021

Iran and 27 members of the European Union traded €1.84 billion worth of goods during the first five months of 2021, to post a 1.07% growth compared with the previous year’s corresponding period.

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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