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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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Iran's trade balance becomes positive

Iran's trade balance becomes positive

Iran's trade balance becomes positive at USD 942MM in the first two months of this year, Iran Customs Administration announced. Iran's non-oil exports rose by 22 percent in the first two months of this year as well, according to Iran Customs Administration. Exports of non-petrochemicals and gas condensates increased by 40.54 percent to reach USD 4.391BN.

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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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Three Iranian banks to open branches in Germany

Three Iranian banks to open branches in Germany

The Iranian Ambassador in Turkey has announced that the Iranian Middle East, Saman, and Sina banks will be opening branches in Germany to facilitate trade between Iran and its foreign partners, especially Europeans.  

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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 seeking alternative trade hub to Dubai

Iran seeking alternative trade hub to Dubai

Following new tensions between Iran and the UAE, Tehran is seeking to downgrade Dubai as its regional trading hub and replace it with Qatar and Oman. The Financial Tribune writes that Iran’s recent decision has been taken following new pressures and restrictions by UAE and Dubai officials imposed on Iranian businessmen by ratifying new VAT laws, restricting visas, and limiting banking facilities.  

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Best-selling domestic and imported cars

Best-selling domestic and imported cars

Statistical studies indicate that Groupe Renault’s cars are the best-selling imported cars in Iran. According to Asr-e-Iran, in the first 11 months of this year, Renault Talisman and Koleos were ranked the first and second best-selling cars respectively.

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