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15% Decline in Vegetable Oil Output as Oilseed Imports Drop 51%

EghtesadOnline: A total of 810,000 tons of vegetable oil were produced in Iran during the first half of the current Iranian year (March 20-Sept. 21), showing a 15% decline compared with the similar period of last year, according to the secretary of Iran’s Vegetable Oil Industries Guild Union.
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Publish Date:07/October/2020 | 19:59

Iraq Will Continue Buying Gas and Power From Iran

EghtesadOnline: Iraq could lower its reliance on Iranian gas and electricity imports next year if (and when) OPEC's second largest oil producer can implement multi-billion deals signed with US companies and attract Saudi investments, the deputy prime minister said.
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Publish Date:25/August/2020 | 11:17

Vitamin Supplement Imports Top $9m in 4 Months

EghtesadOnline: A total of 343,178 tons of vitamin supplements worth $9.28 million were imported into Iran from 16 countries during the first four months of the current Iranian year (March 20-July 210), according to the spokesman of the Islamic Republic of Iran Customs Administration.
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Publish Date:17/August/2020 | 11:29

Seasonal Ban on Rice Imports as of Aug. 22

EghtesadOnline: The seasonal ban on rice imports will come into effect from Aug. 22, according to the deputy head of the Islamic Republic of Iran Customs Administration for technical affairs.
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Publish Date:10/August/2020 | 11:14

Iran's Q1 Non-Oil Trade at $13.9b

EghtesadOnline: Iran’s non-oil trade stood at $13.98 billion during the first three months of the current fiscal year (March 20-June 20), of which exports accounted for $6.36 billion and imports for $7.62 billion, Mehdi Mirashrafi, the head of the Islamic Republic of Iran Customs Administration, says.
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Publish Date:30/June/2020 | 08:29

Oil Prices Extend Gains

EghtesadOnline: Oil climbed on Monday after major producers agreed to extend a deal on record output cuts to the end of July and as China’s crude imports hit an all-time high in May.
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Publish Date:09/June/2020 | 24:27

Medicinal Subsidies Curtailed

EghtesadOnline: All supplements, over-the-counter drugs, licensed medicines and imported granules that have local counterparts as well as inactive ingredients added during the pharmaceutical manufacturing process have been removed from the list of subsidized imports .
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Publish Date:02/June/2020 | 08:10

Border Crossing Opens to Imports From Turkey

EghtesadOnline: Sari Su border crossing connecting Iran’s West Azarbaijan Province to Turkey will be used as a new route for trade between the two countries as of Friday, after Bazargan border crossing, in the same province, was closed in March due to the outbreak of the novel coronavirus disease, COVID 19.
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Publish Date:11/April/2020 | 16:16

Iran: No More Subsidized Foreign Currency for Sugar Imports

EghtesadOnline: The government will no longer allocate subsidized foreign currency for sugar import, as per the letter forwarded to the Central Bank of Iran by the Ministry of Industries, Mining and Trade.
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Publish Date:02/February/2020 | 24:29

Iraq Buying Iran Gas, But Not Paying

EghtesadOnline: Oil Minister Bijan Namdar Zanganeh says Iraq does not pay for Iranian natural gas imports .
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Publish Date:27/January/2020 | 24:28

Iran Power Industry: Exports Up, Imports Down

EghtesadOnline: The pattern of power exports over the past three years is worthy of appreciation because, among other things, it indicates judicious domestic electricity consumption.
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Publish Date:20/January/2020 | 13:16

France Vows Retaliation Over $2.4 Billion US Tariff Threat

EghtesadOnline: France and the European Union are ready to retaliate if US President Donald Trump acts on a threat to impose duties of up to 100% on $2.4 billion in imports of French products, the French government said on Tuesday.
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Publish Date:04/December/2019 | 08:23

Iran Marching Toward Telecom Self-Sufficiency

EghtesadOnline: Iran's ICT sector will become less dependent on imports and more self-reliant by 2021, thanks to the expansion of domestic production units, the industries minister said.
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Publish Date:02/December/2019 | 24:10

Iran's CB Catalogs Forex Given for Imports

EghtesadOnline: Soon after a call by President Hassan Rouhani, the Central Bank of Iran has published a report on its website that sheds light on the amount of subsidized currency allocated for importing essential goods and machinery in the first five months (March 21-August 22, 2018) of the last fiscal year.
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Publish Date:12/November/2019 | 11:51

10% Rise in Unrefined Vegetable Oil Imports

EghtesadOnline: A total of 800,000 tons of unrefined vegetable oil were imported into Iran during the first seven months of the current Iranian year (March 21-Oct. 22), registering a 10% rise compared with the similar period of last year.
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Publish Date:30/October/2019 | 11:40

50% Growth in Essential Goods Imports From Iran's Imam Khomeini Port

EghtesadOnline: Close to 9 million tons of essential goods were unloaded at Imam Khomeini Port located in the southern Khuzestan Province during the first half of the current Iranian year (March 21-Sept. 22), which shows a 50% growth compared with the similar period of last year.
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Publish Date:14/October/2019 | 24:53

Iraq Resists US Pressure to Reduce Iranian Gas Imports

EghtesadOnline: Iraq will struggle to generate enough electricity unless it continues to use Iranian gas for three to four more years, the electricity minister said on Tuesday, resisting US pressure to stop the imports from its neighbor.
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Publish Date:11/September/2019 | 11:49

China's Crude Imports From Iran Up 5%

EghtesadOnline: China's crude oil imports from Iran rose 4.7% month on month to 926,119 bpd in July, while the US ranked as the eighth largest crude supplier as shipments surged to a 13-month high of 362,364 bpd, data made available Tuesday by China's General Administration of Customs showed.
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Publish Date:28/August/2019 | 10:48

Iran: Essential Goods Imports Up 67%

EghtesadOnline: A total of 11 million tons of essential goods have been imported via Iranian ports in the first five months of the current Iranian year (March 21-Aug. 22), an official with Ports and Maritime Organization of Iran said.
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Publish Date:26/August/2019 | 24:29