EghtesadOnline: A total of 810,000 tons of vegetable oil were produced in Iran during the first half of the current Iranian year (March 20-Sept. 21), showing a 15% decline compared with the similar period of last year, according to the secretary of Iran’s Vegetable Oil Industries Guild Union.
EghtesadOnline: Iraq could lower its reliance on Iranian gas and electricity imports next year if (and when) OPEC's second largest oil producer can implement multi-billion deals signed with US companies and attract Saudi investments, the deputy prime minister said.
EghtesadOnline: A total of 343,178 tons of vitamin supplements worth $9.28 million were imported into Iran from 16 countries during the first four months of the current Iranian year (March 20-July 210), according to the spokesman of the Islamic Republic of Iran Customs Administration.
EghtesadOnline: A total of 173,062 tons of bananas worth $113.68 million were imported into Iran during the first four months of the current Iranian year (March 20-July 21).
EghtesadOnline: The seasonal ban on rice imports will come into effect from Aug. 22, according to the deputy head of the Islamic Republic of Iran Customs Administration for technical affairs.
EghtesadOnline: Iran meets around 98% of its domestic demand for hybrid vegetable seed through imports that cost the country between $95-110 million per year, according to a recent report published by Majlis Research Center.
EghtesadOnline: Imports constitute 90% of the perfume market in Iran, but since the government has banned its imports, illegal inflows of perfumes, just like other cosmetic products, will increase even more, says the deputy head of the Iranian Association of Cosmetics, Toiletries and Perfumery Importers.
EghtesadOnline: A total of 135,000 tons of different types of paper worth over $162 million were imported into Iran during the first quarter of the current fiscal year (March 20-June 20), says the spokesperson of the Islamic Republic of Iran Customs Administration.
EghtesadOnline: Iran’s non-oil trade stood at $13.98 billion during the first three months of the current fiscal year (March 20-June 20), of which exports accounted for $6.36 billion and imports for $7.62 billion, Mehdi Mirashrafi, the head of the Islamic Republic of Iran Customs Administration, says.
EghtesadOnline: Oil climbed on Monday after major producers agreed to extend a deal on record output cuts to the end of July and as China’s crude imports hit an all-time high in May.