Iran imports

Iran cuts customs duties on import of raw material, parts and machinery

Iran has approved a law that allows reducing tariffs on imports of raw material, parts and machinery needed in the Iranian manufacturing sector.

Trade

Iran’s imports of basic goods decline 29% YOY

Iran has cut back on imports of grains amid rising inventories that have been boosted by a higher domestic crop, according to figures by Iran’s Government Trading Corporation (GTC).

Trade

Iran’s five-month rice imports hit record high

New figures by the Iranian customs office (IRICA) show that rice imports into the country have reached new records amid government efforts to contain rampant prices of high-end domestic varieties of rice.

Trade

Iran allows €1bn worth of car imports after four-year ban

The Iranian government has finally authorized a law allowing the imports of finished cars more than four years after the country imposed a ban on such imports to protect local car manufacturers and to cut back on hard currency spending.

Trade

Iran ranked 43rd among world top food importers: FAO

Although Iran is the 17th most populous world country, the latest statistics released by Food and Agriculture Organization (FAO) suggests that the country ranked 43rd among world top food importers in 2020.

Agriculture and Environment

Iran’s annual rice imports at record high

A total of 1.75 million tons of rice were imported into Iran during the last fiscal year (March 2021-22), which is a 10-year record high, according to the secretary of Iran Rice Association.

Trade

Iran replaces Ukraine with Brazil for imports of animal feed

Iran has replaced Ukraine with Brazil for the country’s mostly needed imports of animal feed, according to an official familiar with the matter.

Trade

Iran to ramp up cooking oil imports to prevent domestic shortages

Iranian agriculture ministry (MAJ) plans to ramp up imports of cooking oil into the country to prevent any shortages that could be caused by the military conflict between Russia and Ukraine.

Trade

Iran purchases 10 second-hand aircraft in 3 months

Head of Iran’s Civil Aviation Organization (CAO) Mohammad Mohammadi-Bakhsh said the country has imported 10 passenger airplanes with an average age between 15-20 years over the past three months, Tasnim news agency reported.

Macro Economy

Iran’s imports of animal feed raw material top $6 billion in 11 months

Iran imported a total of 15.5 million tons worth $6.47 billion of raw materials for production of animal feed during the first 11 months of the current fiscal year (March 21, 2021-Feb. 19).

Agriculture and Environment