Tag Archives | non-oil exports

Iran’s Non-Oil Exports Hit $40bn in 11 Mths

The head of Iran’s Trade Promotion Organization (TPO) announced that the country’s non-oil exports over the first 11 months of the current Iranian year (March 21, 2018 – March 20, 2019) have reached 40 billion dollars. Speaking to the Islamic Republic of Iran Broadcasting (IRIB) on Thursday night, Mohammad Reza Moudoudi said the non-oil exports […]

Iran Supplies Senegal Police Fleet

Iran Khodro (IKCO) has supplied its first export cargo of Dena+ police cars to Senegal. The bi-fuel cars are equipped with special extras for police cars, and according to the company, have “prepared the ground for re-export of IKCO cars to the West African countries.” (Source: IKCO)

Record Exports of Iranian Shrimp

By John Lee. Iran has reportedly exported a record quantity of shrimp in the first nine months of the current fiscal year (started March 20, 2017). Isa Golshahi, an official with the Iranian Fisheries Organization, said 15,177 tons were exported, bringing in revenue of $72 million. Russia as well as south eastern Asia countries and […]

Iran’s Metal Exports Rise Sharply

By John Lee. Exports of zinc, aluminum, and molybdenum value chains were up 65%, 28%, and 30% respectively in the first nine months of the Iranian calander year. According to MNA, zinc chain exports reached 149,000 tons, valued at $302.3 million, a 5% increase in weight and a 65% increase in value compared to 21 […]

$500m Exports of Knowledge-Based Products in 3 Yrs

Iranian Minister of Science, Research and Technology Mohammad Farhadi said the country has exported more than $500 million worth of knowledge-based products over the past three years. Speaking to reporters in Tehran on Monday on the sidelines of the 5th Laboratory Equipment and Chemicals Exhibition (Iran Lab 2017), Farhadi said over 10,000 products have been […]

Imports and Exports Increased, China is Main Partner

Iran’s non-crude-oil exports grew by 3.54 percent in the year ended 20th March 2017, reaching $43.930 billion. During the period, imports increased 5.16 percent to $43.684 billion. Main export items During the period under consideration, the main export items consisted of gas condensate with value of $7.320 billion, light oils and products except gasoline ($2.479 […]

US “Biggest Importer” of Hand-Woven Carpets from Iran

The head of the Iran National Carpet Center (INCC) announced that over the past Iranian year (which ended on March 20), the US has imported the biggest amount of hand-woven carpets from the Islamic Republic. “Over the past year, about $350 million worth of Iranian hand-woven carpets have been exported to various countries,” Hamid Kargar […]

India Seeking to Stop Urea Imports from Iran

Dharam Pal, the joint secretary at India’s department of fertilizer, said the South Asian country plans to boost its urea production in an attempt to revive loss-making factories and end imports from several countries, including Iran. “We are in the process of reviving ailing plants, restart closed units, expand existing projects and build new ones,” […]

Tehran-Muscat Trade Increases to $1bn in 2016

Oman’s Minister of Commerce and Industry Ali bin Masoud al-Sunaidy said the volume of trade exchange between Tehran and Muscat increased to as high as $1 billion in 2016 compared to the same period in 2015. “Bilateral trade between Oman and Iran exceeded $1 billion by the end of October last year. In 2015, it […]

Non-Oil Exports Exceed $35bn in 10 Months

Iran’s non-oil exports have reached over $35 billion over the first ten months of the current Iranian year, which started on March 20, 2016, latest official data released by the country’s Customs Office shows. The total value of Iran’s non-oil exports over the past 10 months stood at $35.27 billion, showing an 8.3 percent increase […]

Non-Oil Exports Exceed $31bn in 9 Months

Iran has exported more than $31 billion worth of non-oil goods during the first nine months of the current Iranian year, which started on March 20, 2016, official customs data showed. The Islamic Republic of Iran Customs Administration announced that the value of the country’s non-oil exports during the 9-month period stood at $31.593 billion. […]

Rouhani’s Budget Proposal Reverses Declining Reliance on Oil

By Alireza Ramezani for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Iranian President Hassan Rouhani presented the last budget bill of his current term to the parliament Dec. 4. The state budget for the next Iranian year, beginning March 21, 2017, will exceed 10 quadrillion rials […]

Iran Considers Power Export to Oman via Submarine Cable

An Iranian deputy minister unveiled plans for export of electricity to Oman via submarine power cables. Speaking at a press conference in Tehran on Tuesday, Deputy Energy Minister Hooshang Falahatian said initial studies have been conducted on the construction of an undersea power line to export electricity to Oman. According to the official, Tehran and […]

Non-Oil Exports to Northern Neighbours Expected to Rise

An Iranian deputy minister predicted that the country’s export of non-oil goods to five northern neighbors would rise this Iranian year given the current trend in the trade. The value of Iran’s exports of non-oil products to Russia, Turkey, Armenia, Georgia, and the Republic of Azerbaijan stood at $2 billion in the previous Iranian year, […]

Iran’s Non-Oil Exports up by 21%

By John Lee. Iran’s non-oil exports reportedly rose by 21 percent year-on-year over the past four months. IRNA says Iran exported some 41.161 million tons of non-oil commodities worth $16.308 billion in the four-month period which shows 36.37 percent increase in terms of weight and 21.11 percent growth in terms of value. Iran also imported […]