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Where is the main export destination of Iranian goods?

Where is the main export destination of Iranian goods?

The statistics provided by the Iranian Customs during the first two months of this year show that Iran's marketing has been more successful in exporting its goods to countries in the Middle East and Asia. The top 10 countries on the list are China, UAE, Iraq, Afghanistan, India, South Korea, Turkey, Pakistan, Indonesia and Thailand, of which the largest growth was in Indonesia.  

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Buyers of Iran oil resist US pressures

Buyers of Iran oil resist US pressures

In a report, the Wall Street Journal wrote that the Trump administration’s effort to pressure Iran depends on countries deeply skeptical of the U.S. campaign against the Islamic Republic, creating resistance that analysts and officials in those countries say could undercut one critical element of the push: curtailing Iran’s oil exports. 

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Iran exports to Qatar increase fivefold

Iran exports to Qatar increase fivefold

The latest statistics published by the customs office in Iran indicate that exports from this country to Qatar show a significant growth as compared to a similar period last year.

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Petrochemical exports not affected by US withdrawal

Petrochemical exports not affected by US withdrawal

The Petrochemical Commercial Company of Iran Managing Director has announced: “The structures set up for the petrochemical Industry during the sanctions have been preserved. Therefore, the US withdrawal from the JCPOA and a probable return to reimposing certain sanctions will not create problems in this sector.”  

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Iran exports increase by 30% in May

Iran exports increase by 30% in May

The volume of exports from Iran increased by 30 percent in May as compared to a similar period last year, according to Iran’s Ministry of Economic Affairs and Finance  

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USD 80MM exports of animal intestines

USD 80MM exports of animal intestines

The Union of Iranian Intestine Exporters’ Chief has announced: “80-90 percent of our products are exported to Germany.” Jamshid Nafar added: “Around USD 80MM worth of cow, sheep, and goat intestines were exported last year. The figure for previous years stands at more or less the same. There is a capacity to increase this by 200-300 percent.”  

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Basra ready to buy gas from Iran

Basra ready to buy gas from Iran

Deputy to Iran’s Petroleum Minister, Hamidreza Araghi’s announcement regarding the second phase of supplying gas to Iraq states: “Basra is ready to import gas from Iran. We will be able to proceed following payments.”

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Brazil will invest euros 1.2BN in Iran

Brazil will invest euros 1.2BN in Iran

The Brazilian Ambassador to Tehran announced: “Brazil will invest euros 1.2BN to implement projects in Iran.” At a meeting with members of the Abadan Chamber of Commerce, Rodrigo de Azeredo Santos stated: “We need to establish further bilateral banking and currency ties to promote trade between our two countries.”  

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Reduced Iran imports from Russia and US

Reduced Iran imports from Russia and US

According to Iran's foreign trade statistics, imports from Russia and the US have dropped dramatically in the 11 months leading up to February. Based on these statistics, imports from Russia worth USD 615MM and an approximate weight of one million tons show a drop of 58 percent as compared to a similar period the previous year. Russia is the 14th exporter of goods to Iran.

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Iran becomes 2nd largest PSA production base

Iran becomes 2nd largest PSA production base

Following a visit to the Citroen factory by SAIPA automotive group CEO, he announced: “The French are ready to transfer technical knowledge to Iran and work with SAIPA to promote car and parts design. Iran will become the world’s second largest Citroen production hub after France.”  

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Iran, Russia, Kazakhstan sign Mou for wheat trade

Iran, Russia, Kazakhstan sign Mou for wheat trade

The IR of Iran, Russia, and Kazakhstan have signed a Memorandum of Understanding for a trilateral trade in wheat. Iran has signed the MoU with the aim of becoming self-sufficient in wheat production and benefiting from its geographical location to become a trading hub for wheat and flour exports in the region.

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