Petrochemical products valued at $2.7 billion were exported from Bushehr province in the southwest of Iran during the first quarter of the current Iranian calendar year (March 21-June 21), according to a provincial official.
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Iran's oil and petroleum products pipeline network is set to surpass 15,000 kilometers after major transmission projects are completed and commissioned.
Bilateral trade between Iran and Armenia has reached nearly $1.0 billion, reflecting deepening economic ties between the two neighbors, according to Iran’s ambassador to Yerevan.
initial economic growth figures released on Wednesday showed that Iran’s gross domestic product (GDP) had increased to 78,443.8 trillion rials (over $301 billion) in the year to March 20.
NATO warns major economies like India, China, and Brazil of severe secondary sanctions if they maintain trade relations with Russia, especially in oil and gas, amid US pressure.
Iran's exports to African countries increased by 85% in Q1 2021, while its trade surplus with the continent surged by 113 percent, according to a senior official at the Trade Promotion Organization.
US President Donald Trump is seriously considering imposing 500% tariffs on countries, including India and China, that buy Russian energy.
The deputy governor of the Central Bank of Iran (CBI) for monetary policy said the banking network supports the capital market and shareholders through the stock market management, and the use of monetary and credit policy tools.
The latest summit of the Economic Cooperation Organization (ECO), held in Khankandi, Azerbaijan, brought renewed attention to the untapped economic potential of the region.
The Trump administration imposed new sanctions targeting Iran’s oil trade on Thursday as part of its maximum pressure campaign, the US Treasury Department announced.
Iran's first vice president reported that gasoline consumption exceeded production by 80 million liters on the first day of the 12-day war, but the economic situation was effectively managed.
Iran's deputy industry, mining, and trade minister has sent a comprehensive package of support to industries affected by the Israeli-imposed war, with details to be announced if approved.
The IMF predicts Iran's GDP to reach $1.746 trillion in 2025, a $51 billion increase from 2024, but a slight decline in GDP per capita.
Pakistan’s energy intensity (the amount of energy needed to produce $1 of GDP) was 4.2 megajoules (million joules, MJ) per USD compared to 1.9 MJ/USD in Bangladesh and just 1.7 MJ/USD in Sri Lanka, says the World Bank.
Iran's finance minister confirmed that the country's economy remains stable despite Israeli attacks, with seized goods being redirected into productive use.
Iran’s President Masoud Pezeshkian met separately with the ministers of industry, mining and trade; oil; and agriculture on Monday to discuss ensuring the continuity and efficiency of public service delivery.
India's benchmark indexes fell on Tuesday due to Trump's urging Iranians to evacuate Tehran, escalating fears of a broader regional conflict amid ongoing Israel-Iran hostilities.
Iranian lawmakers on Monday approved Seyed Ali Madani-Zadeh as the country’s new Minister of Finance and Economic Affairs, making him the second person to hold the post in President Masoud Pezeshkian’s administration.
The Economic Cooperation Organization (ECO) condemned the Zionist regime's aggression against the Islamic Republic of Iran in a statement, calling it a clear violation of Iran's sovereignty and territorial integrity.
Iran's Free Zones High Council reported $1.5 million worth of commodities from Chabahar Free Trade Zone in the first two months of the current Iranian calendar year.