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$95-110m Spent on Hybrid Vegetable Seed Imports p.a.

EghtesadOnline: Iran meets around 98% of its domestic demand for hybrid vegetable seed through imports that cost the country between $95-110 million per year, according to a recent report published by Majlis Research Center.
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Publish Date: 19/July/2020 | 15:53

Iran Gov't Halfway Through Guaranteed Wheat Purchase

EghtesadOnline: A total of 6 million tons of wheat worth 140 quadrillion rials ($577.32 million) have been purchased from local farmers in all 31 Iranian provinces in the current fiscal year (started March 20), a deputy minister of industries, mining and trade.
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Publish Date: 19/July/2020 | 15:23

Ban on Perfume Imports

EghtesadOnline: Imports constitute 90% of the perfume market in Iran, but since the government has banned its imports, illegal inflows of perfumes, just like other cosmetic products, will increase even more, says the deputy head of the Iranian Association of Cosmetics, Toiletries and Perfumery Importers.
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Publish Date: 16/July/2020 | 11:17

39% Rise in Red Meat Production

EghtesadOnline: A total of 30,400 tons of red meat were produced in Iran during the month ending June 20 to register a 39% rise compared with the similar month of last year.
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Publish Date: 15/July/2020 | 11:39

Self-Sufficiency in Black Chador Raw Material on the Horizon

EghtesadOnline: Iran would no longer need to import the raw material needed to produce black fabrics for chador—a full-body semicircular piece of fabric used by some Muslim women to cover the body while leaving the face uncovered.
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Publish Date: 08/July/2020 | 13:22

Iran's Trade With US Halves

EghtesadOnline: Iran’s commercial exchanges with the US stood at $20 million during the first five months of 2020 to register a 51.1% decline compared with the corresponding period of 2019.
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Publish Date: 05/July/2020 | 11:19

Paper Imports Exceed $160m in Q1

EghtesadOnline: A total of 135,000 tons of different types of paper worth over $162 million were imported into Iran during the first quarter of the current fiscal year (March 20-June 20), says the spokesperson of the Islamic Republic of Iran Customs Administration.
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Publish Date: 30/June/2020 | 13:19

Poultry Farmers Facing Feed Shortage

EghtesadOnline: The shortage and consequently the exorbitant prices of poultry feed have phased out around 7,000 chicken farmers from the production cycle, says the secretary of Iran Chicken Farmers Union.
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Publish Date: 28/June/2020 | 24:52

IVO Destroys Meat for Health Reasons

EghtesadOnline: Iran Veterinary Organization destroyed 2,246 tons of substandard red meat and chicken during the first two months of the current Iranian year (March 20-May 20).
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Publish Date: 27/June/2020 | 13:20

Coronavirus Costs Exhibition Industry $15.7m

EghtesadOnline: Iran’s exhibition industry has sustained losses worth 3.1 trillion rials ($15.72 million) due to the outbreak of coronavirus, as well as cancellation or postponement of trade shows, Managing Director of Iran International Exhibitions Company Bahman Hosseinzadeh said.
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Publish Date: 24/June/2020 | 24:34

Latest on Light-Weight Livestock Count

EghtesadOnline: There were 47.3 million sheep and lambs as well as 17 million goats and goat kids in Iran's livestock farms as of the Iranian month ending June 20, registering an increase of 0.1% in the number of former but a decline of 2.9% in the latter compared with the same period of last year, the Statistical Center of Iran reported.
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Publish Date: 23/June/2020 | 24:16

56% Rise in Sistan-Baluchestan Exports to Afghanistan

EghtesadOnline: More than $181 million worth of goods were exported from the southeastern province of Sistan-Baluchestan to Afghanistan during the first two months of the current Iranian year (March 20-May 20) to register a 56% rise compared with last year’s corresponding period.
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Publish Date: 20/June/2020 | 24:05

External Debt Declines 3.4 Percent to $9 Billion

EghtesadOnliine: Iran’s foreign debt was $9.031 billion at the end of last fiscal year that ended in March, dropping slightly from $9.339 billion at the end of fiscal 2018-19 to register 3.4% decline.
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Publish Date: 20/June/2020 | 08:10

Iran to Resume Int’l Flights

EghtesadOnline: Istanbul Airport will resume flights to and from Iran from August 1, says Maqsoud Asadi-Samani, secretary of the Association of Iranian Airlines.
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Publish Date: 16/June/2020 | 24:15

Desert Locust Invasion Sweeping Across Eight Provinces

EghtesadOnline: Desert locust, which invaded the southern provinces of Iran since Feb. 19, have been fought over 378,494 hectares so far, the spokesman of the Plant Protection Organization affiliated with the Agriculture Ministry said.
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Publish Date: 13/June/2020 | 18:15

43% Decline in Trade With US

EghtesadOnline: Iran’s commercial exchanges with the US stood at $17.2 million during January-April to register a 43.97% decline compared to the corresponding period of 2019.
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Publish Date: 08/June/2020 | 24:55