Iran’s trade with India could hit $16b: envoy

TEHRAN - Indian Ambassador to Iran Rudra Gaurav Shresth says that if the Iranian economy was not under the pressure of sanctions, the volume of trade between the two countries could reach $16 billion while it is now as low as $2 billion.

Quarterly export of fresh fruits to India doubles yr/yr

TEHRAN - Iran’s export of fresh fruits to India doubled in the first three months of 2024 compared to the same period last year, according to the Indian Ministry of Trade and Commerce.

Iran-India trade up 5% in Jan-Feb y/y

TEHRAN - Trade between Iran and India increased by five percent in the first two months of 2024 compared to the same period last year, with the total trade reaching $377 million, according to the Ministry of Commerce and Industry of India.

Iran’s annual exports to India hit $2.217 billion

TEHRAN - Iran has exported $2.217 billion worth of goods to India during the past Iranian calendar year (ended on March 19), according to an official with Iran’s Trade Promotion Organization (TPO).

Iran’s 9-month export to India stands at $1.7b

TEHRAN- Iran exported commodities valued at $1.7 billion to India during the first nine months of the current Iranian calendar year (March 21-Decemebr 21, 2023), the head of the Islamic Republic of Iran Customs Administration (IRICA) announced.

Iran, India discuss ways of increasing trade of protein products

TEHRAN – The Head of Iran Veterinary Organization Mojtaba Norouzi and the Chairman of India’s Agricultural and Processed Food Products Export Development Authority (APEDA) Shri Abhishek Dev met and held talks to discuss ways of increasing the exchange of protein products between the two countries.

ICCIMA calls for implementation of PTA with India

TEHRAN – Head of the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) Hossein Selahvarzi met with India’s Ambassador to Tehran Rudra Gaurav Shresth on Wednesday during which he called for the implementation of a Preferential Trade Agreement (PTA) between the two countries as soon as possible.

India exports commodities worth $813m to Iran in 5 months

TEHRAN – Iran imported commodities valued at $813 million from India during the first five months of the current Iranian calendar year (March 21-August 22), according to the data released by the Islamic Republic of Iran Customs Administration (IRICA).

By Ebrahim Fallahi

Non-oil goods worth $624m exported from Iran to India in 4 months

TEHRAN- Iran exported non-oil commodities valued at $624 million to India during the first four months of the current Iranian calendar year (March 21-July 22), the Islamic Republic of Iran Customs Administration (IRICA) announced.

TPO hosts conference on introducing opportunities of presence in Indian market

TEHRAN – Iran’s Trade Promotion Organization (TPO) hosted a conference on introducing the opportunities and capacities of presence in the Indian market on Tuesday.

Exports to India rise 12% in Q1

TEHRAN - Iran exports to India increased by 12 percent in the first quarter of 2023 to reach $188 million from $168 million in the same period of 2022, according to the data released by India’s Ministry of Commerce and Industry.

Iran’s export to India rises 6% in 9 months on year

TEHRAN- The value of Iran’s export to India increased by six percent during the first nine months of the current Iranian calendar year (March 21-Decemebr 21, 2022), as compared to the same period of time in the past year, according to the data released by the Islamic Republic of Iran Customs Administration (IRICA).

IRISL sets up offices in India to facilitate activities

TEHRAN - The Islamic Republic of Iran Shipping Lines (IRISL) has opened representative offices in various regions of India in order to facilitate shipping activities along the International North-South Transit Corridor (INSTC), Mehr News Agency reported.

Iran exports commodities worth $567m to India in 4 months

TEHRAN- Iran exported non-oil products valued at $567 million to India in the first four months of the current Iranian calendar year (March 21-July 22), according to the data released by the Islamic Republic of Iran Customs Administration (IRICA).

Increasing rupee deposits, a prerequisite for boosting Iran-India trade: UCO Bank

TEHRAN – The managing director of India’s UCO Bank says the decline of rupee deposits, that the bank receives from local oil companies buying Iranian crude oil, has been preventing the bank from playing its intermediatory role in trade between the two sides.