9.6 million MT of staple products were imported to Iran in the first 5 month of this year (March 21st 2019~August 22nd 2019), up 2 million MT in comparison with the same period last year. Last year 7.9 million MT of staple products were imported to Iran. The biggest port of Iran for bulk cargoes…
Iran Non-Oil Exports Increased to USD 17.8 Billion!
ِDespite the US sanctions against Iran, non-oil exports of Iran have increased to USD 17.8 billion. China, Iraq, United Arab Emirate and Afghanistan are the main importers of Iran’s commodities.
Goods News on Iran Petrochemical Industry
Iran receives USD17 billion from selling petrochemical products. Iran manufactures 31 million MT of petrochemicals and 22 million MT of this which worth USD12 billion is exported to 30 different countries across the globe. It is expected that Iran will increase its petrochemical output by two times until 2024. Globally crude oil production grows 1%…
Iran’s approach is maintaining in JCPOA
On a telephone conversation with French President Emmanuel Macron on Saturday, President Hassan Rouhani said Iran will further reduce its commitments under the JCPOA if Europe does not abide by its obligations under the deal. Rouhani described Paris’s efforts to save JCPOA as serious and said that the media and public opinion attached great importance…
Neighboring Countries are the Target Market of Iran’s Commodities
Iran exports to Europe decreased 93% on the first half of 2019 in comparison with 2018 because of US sanctions against Iran. Therefore it is logical to concentrate on neighboring countries for export and import. Iran aimed to increase its export to USD50 billion to 15 neighboring countries in the next two years which was…
8 Main Countries in Trade between Iran and European Union
The highest level of Iran exports in first half of 2019 was sent to Germany, Italy, Belgium, and Spain and the highest level of commodities was imported from Germany, Italy, Netherlands and France to Iran in this period. The value of commodity trading (import and export) between Iran and Europe is reported 2.6 billion Euro…
Gold Jumped to 1552$!
The new #tariffs (5% increase) that #Donald_Trump declared on Friday 23rd August caused the #gold_price to jump significantly! Gold price increased to 1552$ (+0.97%) and it is at the highest level not only in 2019 but also since 6.5 years ago!