Domestic Economy

All finished steel products have been removed from the list of mineral products on which heavy export duties were imposed recently, following a letter sent by Director General of Mineral…

Iran’s business environment strengthened in the winter of the previous fiscal year after being weakened for the third consecutive quarter in the autumn of the previous year, according to the…

The Purchasing Managers’ Index for Iran’s construction sector hit a 23-month low in the current fiscal year’s first month (March 21-April 20). Iran Chamber of Cooperatives’ latest monthly…

Trade between Iran and the Economic Cooperation Organization’s member states increased by 43% to reach 30.87 million tons worth $16.79 billion in the fiscal 2021-22 (ended March 20), data…

The Producer Price Index in the four-quarter period ending March 20, 2022, which marks the end of the fourth quarter of last fiscal year, grew by 56.7% compared with the corresponding period of…

A high-ranking commercial and marketing delegation headed by Alireza Peymanpak, the head of Trade Promotion Organization of Iran, recently visited Muscat, the Omani capital.

Iran and Turkey traded $1.41 billion worth of goods in the first three months of 2022 to register a 43.23% year-on-year rise, latest data by the Turkish Statistical Institute show. Iranian…

The sale of industrial bread has declined by 60-70%, following the government’s decision to discontinue flour subsidies, says Mohammad Javad Karami, the head of Leavened and Semi-Leavened Breads…

The Research Center of Iran Chamber of Commerce, Industries, Mines and Agriculture has assessed the fiscal 2022-23 Budget Law and its impact on the business environment in a report. 

The specialized commission for carpets, handicrafts and tourism of Iran Chamber of Cooperatives is petitioning the government to repeal the Central Bank of Iran’s export revenue repatriation…

Iran’s trade with member states of Shanghai Cooperation Organization stood at 54.86 million tons worth $37.17 billion in the fiscal 2021-22 (ended March 20), registering a 33% growth compared…

The Russia-Ukraine war, while having a devastating humanitarian impact, presents an opportunity for Iran’s mining sector to grow, says Mohammad Reza Bahraman, chairman of Iran Mine House, in an…

Goods smuggled in and out of Iran annually amount to $17-18 billion, according to the head of the Headquarters to Combat Smuggling of Goods and Foreign Currencies.

Domestic passenger traffic in Iranian airports registered a year-on-year rise of 40% in the current fiscal year’s first month (March 21-April 20), as 2.62 million passengers were flown…

The average Producer Price Index for the mining sector in the four-quarter period ending March 20, 2022, which marks the end of the fourth quarter of the previous fiscal year, increased by 92.9…

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. “…

New data on the Purchasing Managers’ Index for Iran’s industrial sector show it plunged below the threshold to stand at a 23-month low.

The average goods and services Consumer Price Index of “communications” in the 12-month period ending April 20, which marks the last day of the first month of fiscal 2022-23, increased by 5.5%…

Passengers commuting from Qasr-e Shirin border crossing are prohibited from taking Iranian essential goods into Iraq, governor of the county said on Monday. “These goods include rice, red meat…

The Education and Human Resources Institute, affiliated with Tehran Chamber of Commerce, Industries, Mines and Agriculture, is scheduled to hold six specialized business courses in May and June…

More than 9 million tons of metallic mineral products worth $10.5 billion were exported from Iran in the fiscal 2021-22, registering a 12% rise in tonnage and a 91% rise in value compared to the…

Politicians and statesmen are all unanimously urging people to stay calm, as we are witnessing a rise in the prices of some goods.  One says he will keep the price of bread unchanged, the…

Iran Chamber of Commerce, Industries, Mines and Agriculture’s International Affairs Department is scheduled to host a commercial forum with Slovakian businesses on May 23, in collaboration with…

The Producer Price Index for the “industrial chicken farms” in the four-quarter period ended March 20, which marks the end of the fourth quarter of the previous fiscal year (March 2021-22),…

Iran’s trade with its leading commercial partner, China, reached $3.86 billion in the first three months of 2022, registering an 18.2% growth compared with the year before. Latest data released…