Economy

Iran’s annual non-oil exports rise to $57.8b

TEHRAN – Iran exported over 152 million tons of non-oil goods worth $57.8 billion in the past Iranian calendar year, which ended on March 20, 2025.
Iran-Eurasia trade grows 2.2-fold as focus shifts to corridor transport, infrastructure

TEHRAN – Trade between Iran and member states of the Eurasian Economic Union (EAEU) has expanded 2.2 times since the implementation of a preferential trade agreement in November 2019, according to Mirhadi Seyyedi, advisor on international affairs and trade agreements at Iran’s Trade Promotion Organization (TPO).
By Mahnaz Abdi

CNG development seriously on the agenda

TEHRAN- Due to the importance of compressed natural gas (CNG) in reducing dependence on gasoline and improving air quality, multiple plans have been put in place to develop the infrastructure of this industry and increase its consumption in the country.

By Mahnaz Abdi

CNG development seriously on the agenda

TEHRAN- Due to the importance of compressed natural gas (CNG) in reducing dependence on gasoline and improving air quality, multiple plans have been put in place to develop the infrastructure of this industry and increase its consumption in the country.
Agricultural exports jump 35% in 11 months despite regulatory hurdles

TEHRAN – Iran’s agricultural exports grew 35 percent in value over the first 11 months of the Iranian year 1403 (March 2024–February 2025), reaching $7.57 billion, according to Ruhollah Latifi, spokesperson for the Trade Development Commission of the House of Industry, Mine and Trade.
Iran-Eurasia trade grows 2.2-fold as focus shifts to corridor transport, infrastructure

TEHRAN – Trade between Iran and member states of the Eurasian Economic Union (EAEU) has expanded 2.2 times since the implementation of a preferential trade agreement in November 2019, according to Mirhadi Seyyedi, advisor on international affairs and trade agreements at Iran’s Trade Promotion Organization (TPO).
West Asian countries invest in Iran as non-oil exports gain momentum

TEHRAN – Iran’s Trade Promotion Organization (TPO) reported positive trade performance with West Asia in the past Iranian year (ended on March 20), despite ongoing international sanctions. According to Abdolamir Rabihavi, Director General of the TPO’s West Asia Office, Turkey, the United Arab Emirates, and Oman made investments in Iran over the last year, signaling strengthened economic ties in the region.
Iran’s annual non-oil exports rise to $57.8b

TEHRAN – Iran exported over 152 million tons of non-oil goods worth $57.8 billion in the past Iranian calendar year, which ended on March 20, 2025.
Iran exports non-oil goods worth $2.2b to Afghanistan in 11 months

TEHRAN- Iran exported non-oil commodities valued at $2.2 billion to Afghanistan during the 11-month period from March 20, 2024 to February 18, 2025, the head of the Islamic Republic of Iran Customs Administration (IRICA) announced.
Drilling of 100 oil, gas wells completed in a year

TEHRAN - National Iranian Drilling Company (NIDC) completed the drilling and finalization of 100 oil and gas wells across onshore and offshore fields in the Iranian calendar year 1403 (ended on March 20), the company’s head said, bringing the total number of wells drilled since its inception to 5,154.
Daily gasoline output reaches 120m liters amid push to curb energy imbalance

TEHRAN - Iran's total daily gasoline production—including refinery output and reserves—has reached approximately 120 million liters, a senior oil official said, as the country pushes to bridge the growing gap between supply and consumption.
Iran brings 8th well of South Pars phase 11 online, adding 3 mcm/d to gas output

TEHRAN - Iran has brought the eighth well of Platform B in Phase 11 of the South Pars gas field into production, adding approximately 3.0 million cubic meters per day (mcm/d) to the country’s natural gas output, according to the head of Petropars Group.
Refinery projects prioritized to accelerate development, boost fuel output

TEHRAN - Iran is streamlining its refinery development strategy by prioritizing projects that offer higher returns and can be brought online more quickly, Oil Minister Mohsen Paknejad said during a visit to the Tehran Oil Refinery.