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foreign 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

Iran’s non-oil foreign trade tops $19 billion in four months

Iran’s non-oil foreign trade stood at $19.63 billion during the four months to July 21, of which exports accounted for $8.71 billion and imports constituted $10.92 billion.

Trade

Iran-Iraq border reopened for trade

Mehran crossing on the border with Iraq was reopened on Monday for the trade between Iran and Iraq to be resumed. The crossing would be open on Sundays and Wednesdays allowing 500 trucks to move weekly.

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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