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US trade deficit rises to a record high in March

The US trade deficit jumped to a record high in March amid roaring domestic demand, which is drawing in imports, and the gap could widen further as the nation's economic activity rebounds faster than its global rivals.

Positive annual trade balance registered in Iran mining sector

Iran’s mining industry registered a positive trade balance of $4.2 billion in the past Iranian year (ended on March 20), according to figures by the Industry, Mine and Trade Ministry.

IME weekly trade exceeds $400m

The Iran Mercantile Exchange (IME) announced that 686,963 tons of commodities, valued at over $400 million, were traded in its domestic trading and export halls in the week ending April 30.

European Parliament approves post-Brexit trade deal with UK

The European Parliament voted overwhelmingly in favor of the post-Brexit trade deal between Britain and the European Union, clearing the last hurdle towards full ratification of the accord.

Iran not worried about billions of dollars held in Iraq: Joint chamber head

Between $6 billion and $7 billion of Iranian funds are held in Iraq, but Tehran is not worried about their release, the head of the Iran-Iraq Chamber of Commerce said.

Iran-EAEU 12-month trade tops $2b

The value of non-oil trade between Iran and the members of the Eurasian Economic Union (EAEU) reached $2.1 billion in the previous Iranian year (ended on March 20), data released by the Tehran Chamber of Commerce, Industries, Mines, and Agriculture (TCCIMA) showed.

Iran’s exports to Turkey hit $2b last year

Iran exported $2 billion of commodities to Turkey in 2020, said the head of Iran-Turkey Joint Chamber of Commerce.

Iran-Turkey annual trade should reach $30b: Vaezi

The level of trade between Iran and Turkey should reach $30 billion per year, said Mahmoud Vaezi, the Iranian president’s chief of staff on Monday.

IME monthly trade tops $1.5b

Iran Mercantile Exchange announced on Sunday that more than 2.7 million tons of commodities, valued at over $1.5 billion, were traded in its domestic trading and export halls during the month to April 20.

Tehran-Muscat trade can rise to $5b: Official

Given the favorable conditions to diversify Iranian exports and the existing infrastructures, there is a capacity to increase the volume of trade between Iran and Oman to $5 billion, said the head of Iran-Oman Joint Chamber of Commerce.

IME weekly trade tops $513m

The Iran Mercantile Exchange (IME) announced on Saturday that 740,132 tons of commodities, valued at over $513 million, were traded in its domestic trading and export halls in the week ending April 23.

Iran’s annual trade with neighboring countries exceeds $36.5b: IRICA

Iran traded 82.5 million tons of non-oil commodities worth over $36.5 billion with its neighboring states during the year to March 20, announced spokesman of the Islamic Republic of Iran Customs Administration (IRICA) Rouhollah Latifi on Wednesday.

Iran seeking 21% increase in annual foreign trade: TPO

Iran is seeking a 21 percent increase in foreign trade for the current Iranian year (started on March 21), announced the head of Iran’s Trade Promotion Organization (TPO).

Tehran, Belgrade keen on boosting industrial, trade ties

Iran and Serbia agreed to expand cooperation in the fields of industry, mining, investment and increase the level of foreign trade.

Lack of banking channels, documentation hampering trade through Taftan

By Ali Raza Rind Lack of formal banking channels, phytosanitary facilities and poor cellular and data connectivity have greatly marred the trade potential of Taftan, the business community of the famous border town complains.