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News

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2023-04-15

Resumption of relations between Iran and Saudi Arabia

After 7 years, they agreed to resume diplomatic relations and reopen embassies and missions within two months. This issue can also improve the economic and trade relations between the two countries. In fact, following some political negotiations between Iran and Saudi Arabia, it seems that the necessary preparations have been made for the resumption of joint trade between the two countries. The former spokesperson of Iranian Customs said in January of this year about the trade relations between Iran and Saudi Arabia: From the beginning of the year to the 10th of January, more than 30,791 tons of goods worth 14,710,331 dollars were exported to Saudi Arabia, which is a significant jump. It is considered after the suspension of political relations between the two countries in recent years. According to Ruhollah Lotfi, with the closer relations between the two major countries of the Islamic world and the strengthening of dialogues, with the mediation of Iraq and the meetings of the officials, this amount of exports approached 15 million dollars, and 96.5% of the exported goods were iron and steel ingots. have given. After the iron ingot worth $14.2 million, 340 tons of sodium hydroxide worth $185,300, truck body with 86 tons worth $155,376, seedless grapes with 60 tons worth $126,000, 265 tons of small seeds. A glass sphere worth $33,000 and a marble weighing 25 tons worth $3,731 were Iran's exported products to Saudi Arabia from the beginning of the year to December 10. Also, according to the published information, during the peak of economic relations, trade exchanges between Tehran and Riyadh were about 800 million dollars, of which 500 million dollars were imported from Saudi Arabia and 300 million dollars were exported to Saudi Arabia. During the years of breaking the relations between Iran and Saudi Arabia, the trade between the two countries was practically stopped. Yahya Al-Ishaq, the head of Iran-Iraq Joint Chamber of Commerce, in an interview with Hamshahri Online, said about the effects of the revival of relations between Iran and Saudi Arabia on the country's economy and trade: Before this, we did not have direct trade relations with Saudi Arabia, nor did we have indirect trade relations. We were also very small. In the past, carpets were traditionally exported to this country, or food items such as fruits were exported to this country through the UAE, but the volume was so small that it cannot be mentioned. Al-Ishaq continued: The revival of relations between Iran and Saudi Arabia in the field of trade should be examined from two perspectives: one is the issue of our direct relations with Saudi Arabia, which had stopped the trade relations between the two countries for 7 years and the visits were reduced to a minimum, but with the conditions The existing business relations between the two countries will improve. He added: Anyway, Saudi Arabia is a country with history and influence in the region and has oil and non-oil facilities. On the other hand, Saudi Arabia's effective relationship with the countries of the region is also very important. The side effects of good relations between Iran and Saudi Arabia, if established, will be great on the region, that is, the relationship between Arab countries and Saudi Arabia can improve communications, facilities and transportation for Iran, and improve Iran's trade relations and financial transfers. Help in the area. Especially, the terms of currency and commodity transfers will improve. The head of the Iran-Iraq Joint Chamber of Commerce also said: The first psychological effect of the news of the restoration of relations between Iran and Saudi Arabia was the reduction of the exchange rate, and we saw that its effect on the Iranian currency market was very positive and influential. Saudi trade relations The investigations of the Iran Chamber Research Center in the "Saudi Economic Diplomacy" report, which was published in February of this year, indicate that this country has designed a new economic diplomacy based on the 2030 vision and is gradually implementing it. Saudi Arabia is the most important oil country, the most important regional rival of Iran and the most important member of the Persian Gulf Cooperation Council. In recent years, this country has gone through a complex succession crisis and has defined ambitious goals for playing a role in the 21st century in the 2030 vision. It is necessary to recognize the economic diplomacy of Saudi Arabia as the most important competitor of Iran and a country that may become an important market in the neighborhood if the negotiations with Iran are concluded. Based on the statistics provided by the World Bank in the field of commodity trade, in 2020 the most important export partners of Saudi Arabia are the United Arab Emirates with a share of 4.8%, China with 4.41%, India with 1.67%, Singapore with 1.55%. percent and Bahrain with one percent. The first five import partners of Saudi Arabia include China with a share of 20.19%, the United States with 10.74%, the United Arab Emirates with 6.84%, Germany with 5.19% and India with 4.85%. In the area of trade in services, Saudi Arabia is an importer of services with an average annual deficit of $61 billion between 2015 and 2019. This figure was the highest in 2015 and reached 73.6 billion dollars; However, Saudi Arabia's services exports increased significantly over the same period, from $14.5 billion in 2015 to $24.2 billion in 2019. Saudi Arabia is a key country in religious tourism and millions of people travel to this country to perform Hajj every year. In the import sector, government-related services account for almost one-third of service imports, followed by transportation (22.5 percent in 2019) and travel (19.2 percent in 2019).

Articles

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2023-04-13

Iran's exports exceeded 43 billion dollars

According to the statistics of Iranian customs, the value of exported goods has increased by 19.06% compared to the same period of the previous year, and the export value was equal to 43088 million dollars and the import value was 44337 million dollars. The total commercial exchange of the country from the beginning of April to January 10, 1401, the total export of non-petroleum products of the country, excluding crude oil, fuel oil and kerosene, and also without export from the place of trade (luggage) amounted to 97,843 thousand tons with a value of 43,088 million dollars. compared to the same period in 1400, there was an increase of 2.86% in weight and 19.06% in dollar value. The average customs value of each ton of exported goods from the beginning of April to January 10 of this year was 440 dollars, which has grown by 15.75% compared to $380 per ton from the beginning of April to January 10 of last year. Also, the country's import during this period has reached 28,180 tons and 44,337 million dollars with a 10.06% decrease in weight and a 14.74% increase in dollar value compared to the same period in 1400. During this period, the average customs value of each ton of imported goods was 1,573 dollars, which shows a growth of 27.57% compared to 1,233 dollars per ton from the beginning of April to 10th of January 1400. The main export destination countries from the beginning of April to January 10, 1401, the highest amount of the country's exports went to China with a figure of 11,855 million dollars and a share of 27.51% of the total export value of Iraq with 8,631 million dollars and a share of 20.03% of Turkey with 6,419 million dollars. and the share of 14.9%, the United Arab Emirates with 4,600 million dollars and a share of 10.68% and India with 1,474 million dollars and a share of 3.42% of the total value. From the beginning of April to January 10, 1401, the United Arab Emirates has been in the first place among the trading countries with an allocation of 13,649 million dollars and a share of about 30.79% of the total import value. Also, China with 11,521 million dollars and a share of 25.99%, Turkey with 4,635 million dollars and a share of 10.45%, India with 2,249 dollars and a share of 5.07% and Germany with 1,399 million dollars and a share of 3.15% of the total value of imports are among the main trading countries. They were imported.

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2023-03-16

Exporting 1,500 livestock from Ilam to Kuwait and Iraq

Farshad Yasmi, the general manager of nomadic affairs of Ilam province, announced the export of nomadic livestock and said: All livestock farmers and nomads of the province can export livestock by registering on the province's agricultural Jihad website. He added: The conditions for livestock export are that it must be exported from the livestock of the province and the real exporter must have commercial cards and be free of foreign currency debt. The General Director of Nomadic Affairs of Ilam Province said: Since the beginning of this year, 1,500 head of livestock have been exported from Ilam Province to Kuwait and Iraq, and another 5,000 head of cattle have been licensed to the Nomadic Cooperative Union of the province.

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2023-03-16

Kiwi export boom from Gilan

Seyyed Ali Mousavi told reporters today that Gilan province has about eight thousand and 120 gardeners and stated that Gilan has a privileged position for foreign trade with land, sea, rail and air borders. Referring to the amount of kiwi production in the gardens of Gilan, he said: since the beginning of the harvest season, 64 thousand tons of kiwi produced in Gilan with an approximate value of 37 million dollars have been exported from Gilan customs. According to the deputy of plant production improvement of Gilan Agricultural Jihad Organization, this amount of kiwi has been exported to Russia, Georgia, Azerbaijan, Ukraine, Belarus, Kyrgyzstan, and Kazakhstan. Mousavi also emphasized that Gilani gardeners are expected to harvest 200,000 tons of kiwi from 7,000 hectares of kiwi orchards this year.

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2023-03-16

192% growth of Iran to Türkiye this spring

About 19,500,000 tons of goods worth 11.4 billion dollars were exchanged between Iran and Turkey in 1400, which has been associated with a 73% growth in weight and 64% in value compared to 2019. 15.7 million tons worth 6.1 billion dollars were exported from Iran to Turkey and 3.7 million tons of goods worth 5.3 billion dollars were imported from Turkey to our country, which is 140% of exports compared to the same period. to Turkey and 20% of imports from this country to Iran have increased. Turkey has always been among the first four partners of Iran in both import and export, and in 1400, 12% of the weight and 11% of the value of our country's trade with the world was related to Turkey. In the first quarter of this year, this growing trend continued and three million and 770 thousand tons of goods worth three billion and ten million dollars were exchanged between the two countries, which is 141% in weight and 84% in value compared to the spring of the previous year. We see an increase in business. Of this amount of goods exchanged in spring, 3 million 70 thousand tons worth one billion and 737 million dollars were exported to Turkey with a growth of 363% in weight and 192% in value, and 700 thousand tons of goods worth one billion. And 273 million dollars were imported from Turkey, which was accompanied by a growth of 22% Livestock, fisheries, dairy products, flowers and plants, fruits and vegetables, dried fruits, spices and saffron, food, tobacco and cigarettes, construction materials, minerals, petroleum products, chemicals, medicine, kitchen appliances, household appliances , health products, industrial products, steel products, clothing, leather, bags and shoes, yarn and fabric, handicrafts, faucets, agricultural machinery, stationery, medical equipment, furniture, chandeliers, sports equipment and children's games, the main export goods of Iran. They were in Turkey. Breeding livestock, frozen chicken, fertilized eggs, seeds, legumes, bananas, coffee, wheat, corn, barley, oilseeds, crude oil, edible oils, sugar, raw materials and industrial machinery, supplements, raw materials, Fertilizer, rubber, wood, paper, wood pulp, electronic equipment and fabric and thread were among the most important goods imported from Turkey

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2023-03-16

50% increase in Iran's exports to Africa

The volume of Iran's trade with African countries in the first 6 months of this year is equal to the total export of trade with African countries last year Regarding the comparison of annual statistics, the topic of inflation is also involved, but it is better to say that in these 6 months, the value of our exports increased by 50% and its volume increased by more than 25%, both of which indicate the growth of Iran's trade with Africa. He emphasized the role of active economic diplomacy of the 13th government in this growth: It is definitely economic diplomacy that has the first word in the growth of trade between countries. In the 13th government, the diversification of export markets was also planned, while in the past we did not have a specific plan for the African market and were unaware of it. Some of these commissions were inactive for a decade, but in the new period, these commissions have been activated, which is important for the establishment of commercial relations.

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2023-03-16

323 million dollars worth of goods were exported from Yazd

All kinds of ceramic tiles, steel products, hydrocarbons, all kinds of wires and cables, all kinds of pipes and profiles, all kinds of nylon and freezer bags, pistachios and pistachio kernels, glass containers, molybdenum and ferromolybdenum oxides, building glass and carpets, major export goods from Yazd province. Is The top 10 export destination countries are Iraq, Pakistan, Afghanistan, Turkey, United Arab Emirates, Oman, Turkmenistan, Azerbaijan, Armenia and Belgium, respectively. The head of Industry, Mining and Trade Organization of Yazd Province continued: Import statistics to the customs of Yazd Province during the eight months of 1401 are 91 thousand tons and worth 172 million dollars. Major imported goods include machinery, production units and equipment, electricity and electronics, chemicals and petrochemicals.

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2023-03-16

Iran is the third best exporting country to Armenia

Trade Development Organization, the head of Trade Development Organization announced: In a one-day trade workshop with Armenia to familiarize businessmen with the aim of introducing the market of Armenia and the commercial center of the Islamic Republic of Iran in Yerevan, pointing out that Armenia imports the most from Iran after Russia and China. , stated: Now the amount of exports to Armenia is 437 million dollars, and according to the trade plan between the two countries, it should reach 3 billion dollars. Alireza Peyman Pak, referring to the very favorable political relations between Iran and Armenia and the determination of the two governments to promote trade and complete negotiations for a free trade agreement with Eurasia, emphasized: Armenia is the only Eurasian member country that shares a common border with us and is able to play a role As a bridge between Iran and the market of this union He also stated that the capabilities of our country in the field of technical and engineering services and the capacities of Iranian companies to participate in technical and engineering projects in Armenia in the fields of road and construction, renewable energy, dam construction and irrigation systems have created a good opportunity for the activists of this sector to be present in Armenia. He stated: Gas and electricity exchange, the presence of our car manufacturers in Armenia, the production of industrial products, especially Iranian household appliances, in the form of joint production, holding various exhibitions, building a refinery, etc., are all among our joint programs with Armenia. The Deputy Minister of Industry, Mining and Trade also mentioned the establishment of Iran's commercial center in Yerevan and added: Our commercial center in Armenia is very active and dynamic. The most important factor that we follow in business centers, and of course this business center benefits from it, is a strong, large and suitable partner in the target country. The head of the Trade Development Organization further pointed out and emphasized the issue of industrial partnerships: the discussion of the free zone, joint industrial towns and the discussion of creating production lines in Armenia by using the capacities of this country can help the development of the trade of both countries.

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