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.
EghtesadOnline: All supplements, over-the-counter drugs, licensed medicines and imported granules that have local counterparts as well as inactive ingredients added during the pharmaceutical manufacturing process have been removed from the list of subsidized imports.
EghtesadOnline: Over 130,000 tons of red meat were imported into Iran in the last fiscal year (March 2019-20), the head of Cattle Farmers Association said.
EghtesadOnline: Sari Su border crossing connecting Iran’s West Azarbaijan Province to Turkey will be used as a new route for trade between the two countries as of Friday, after Bazargan border crossing, in the same province, was closed in March due to the outbreak of the novel coronavirus disease, COVID 19.
EghtesadOnline: A total of 3,277 tons of virgin olive oil worth $12.14 million were imported into Iran in the last Iranian year (March 2018-19), data released by the Islamic Republic of Iran Customs Administration show.
EghtesadOnline: Imports of livestock and poultry feed saw a 16% and 26% growth in weight and value respectively to reach 11.81 million tons worth $3.27 billion in the 10 months to Jan. 20.