foreign trade

Iran posts trade deficit of $379 million for month to late May

Iran’s customs office IRICA has updated the country’s monthly trade figures while posting a trade deficit of $379 million for the calendar month to late May.

Trade

Iran, EU trade at €1.05 billion in Q1 2021

Iran’s trade with 27 members of the European Union (EU) reached €1.05 billion worth of goods and commodities in the first quarter of 2021, to post a 3.15% decline compared with the previous year’s corresponding period.

Trade

Iran’s annual non-oil trade at $73.9 billion, marks 10-year low

Iran’s foreign trade, excluding crude oil, declined to a 10-year low in the fiscal 2020-21.

Trade

Iran allocates fund to boost exports to Africa

Iran has earmarked a special fund to strengthen exports to African countries as it seeks to nearly double shipments to the region to $1.1 billion a year by March 2024.

Trade

Iran’s non-oil exports to Arab neighbors over $10 billion in 10 months

Iran exported $16.64 billion worth of non-oil commodities to its 15 neighboring counties during the first 10 months of the current Iranian year (March 20, 2020-Jan. 19), more than $10.7 billion of which were shipped to Arab states.

Trade

Iran’s non-oil trade at $52 billion in 9 months

Iran’s non-oil foreign trade stood at 110 million tons worth $52 billion during the nine months ending Dec. 20.

Trade

Iran reports $118 million trade surplus for October-November

Iran’s customs office (IRICA) says the country’s balance of trade turned positive for first time this calendar year in the month to late November.

Trade

Iran trade deficit at $1.6 billion in 8 months to November

Iran’s customs office (IRICA) has updated figures related to the country’s foreign trade, saying that declined exports in the eight months to November 20 led to a deficit of $1.6 billion in the balance of trade.

Trade

Iran plans to launch comprehensive trade database

Iranian President Hassan Rouhani assigned the new minister of industry to set up a comprehensive database system on trade, saying it would contribute to more transparency and help the fight against corruption and smuggling.

Trade

EU’s exports to Iran stand at €2.2 billion in seven months, down 11% yoy

The spread of the new coronavirus and US sanctions has hit the European Union’s exports to Iran in the first seven months of 2020 bringing their value to €2.209 billion.

Trade