Iran’s Trade Promotion Organization (TPO) Archives - Iran News Daily

Iran’s non-oil exports exceed $65 billion

reporter 1222 — Wed, 17 Mar 2021 08:04:19 +0000

TEHRAN (Iran News) – Iran’s non-oil exports reached $65 billion in one year. In a meeting with exporters in Qazvin province, Hamid Zadboum said that Iran’s foreign trade stood at 41.3 billion dollars last Iranian year (March 2019-March 2020), predicting that it would reach 70 billion dollars in the current year once figures are concluded.

He said that the country needs to increase non-oil exports to avert adverse impacts of the US sanctions due to the non-stop endeavor by exporters.

Zadbout hoped that Iran would see a surge in non-oil exports next year.

The value of Iran’s non-oil exports to its 15 neighbors stood at $16.6 billion during the first ten months of the current Iranian calendar year (March 20, 2020 – January 19, 2021).

The country has imported 14.4 million tons of non-oil goods worth $14 billion from the neighboring countries in the mentioned 10-month period.

As stated by the head of Iran’s Trade Promotion Organization (TPO), the country is capable of doubling non-oil exports to its neighbors in two years.

Hamid Zadboum has said that considering the future capacities, the TPO has planned to increase non-oil exports to the neighboring countries to about $100 billion in a two-year time span, in a way that Iran’s share of the regional markets will significantly go up.

Iran shares borders with fifteen countries, namely the United Arab Emirates, Iraq, Turkey, Afghanistan, Pakistan, Russia, Oman, Azerbaijan, Turkmenistan, Kuwait, Qatar, Kazakhstan, Armenia, Bahrain, and Saudi Arabia whose total value of annual imports exceed $1000 billion.

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Iran TPO: Annual Export to Russia Hits $12b

reporter 1222 — Sun, 23 Aug 2020 05:16:35 +0000

TEHRAN (Iran News) – Iran’s annual export capacity to Russia is about $12 billion, said the head of the Trade Development Organization (TPO), adding that trade agreements, including an interim free trade agreement with Eurasia, are steps forward for Iran’s international trade.

According to shatanews.ir, TPO Managing Director Hamid Zadboum added, “Studies show that there is a remarkable trade capacity between Iran and the Eurasian Economic Union (EAEU), and currently our annual trade level with the EAEU stands at $2.6 billion.”

It is estimated that by using existing capacities between the two, the official said that the trade volume of Iran-EAEU to reach about $35 billion.

“Russia, Kazakhstan, Armenia, Kyrgyzstan and Belarus are the most important countries in the union for Iranian traders,” he said.

Our potential annual export capacity Russia is estimated at $12 billion, while we currently export only $500 million worth of goods to Russia, Zadboum said.

He said that the statistics of 2018 show that the level of Eurasian trade with the world is about $866 billion dollars, adding, “An important part of Russia’s trade with the world includes oil and gas, but there is a high potential for trade with this country for Iranian businessmen.”

Head of the Islamic Republic of Iran Customs Administration (IRICA) Mehdi Mir-Ashrafi said on August 11 that the trade between Iran and the members of the EAEU has reached $2.6 since October 27, 2019 – the date when the preferential trade agreement (PTA) between the two sides was signed.

He added that, “[In this period] Iran has exported 1.9 million tons of products worth $762 million to the EAEU member states, while importing 5.5 million tons of goods worth $1.8 billion tons.”

Mir-Ashrafi listed the top three export destinations as Russia, Armenia and Kazakhstan.

He, however, said top exporters to Iran in the nine-month duration were Russia with 4.3 million tons of goods valued at $1.5 billion and Kazakhstan with 1.1 million tons of goods worth $298 million.

The IRICA head added basic goods and livestock food constituted over 95 percent of Iran’s imports.

Iran and the EAEU started implementing the agreement on preferential trade for 862 products as of October 27, 2019.

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TPO to send envoy to Russia in early 2020

reporter 1222 — Tue, 03 Dec 2019 14:04:14 +0000

TEHRAN (Iran News) – Trade Promotion Organization of Iran (TPO) plans to dispatch a trade and marketing delegation to Russia during February 9-13, 2020, TPO portal published.

The Iranian delegates are active in the fields of agriculture, foodstuff, and fisheries.

Also as previously announced, a 23-member trade delegation from Russia’s Samara City is going to visit Tehran on December 11 to attend a business forum hosted by Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA).

As announced by TCCIMA portal, the delegation is comprised of representatives of Russian companies active in various areas including agriculture and livestock, agricultural machinery, textile, IT services, natural gas processing for electricity and heat generation, environment-friendly vehicle systems, lighting control systems, aerospace, wire and cable, casting, industrial equipment, oil, gas and petrochemicals, medical services, etc.

On November 20, Iranian Energy Minister Reza Ardakanian and his Russian counterpart Alexander Novak met in Moscow and stressed expansion of ties in all areas.

As reported, the two sides followed up on the agreements made in different fields of energy, industry, agriculture, and banking during the 15th Iran-Russia Joint Economic Committee meeting held in Isfahan in mid-June.

Head of Iran’s Trade Promotion Organization (TPO) Hamid Zadboum said the country plans to start talks with the Eurasian Economic Union (EAEU) next year to establish a free trade agreement.

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Iran to attend at 46th Baghdad International Fair

reporter 1222 — Sun, 15 Sep 2019 06:30:35 +0000

Iran’s Trade Promotion Organization is planning to open Iranian pavilion at the event which is scheduled for November 1-10.

The Iranian pavilion will aim to bolster the presence of Iranian companies in target markets, establishing mutual relations with the foreign companies participating in the exhibitions, and ultimately promoting a successful and sustainable presence in the regional markets.

Just like the previous round of the exhibition, the Iranian companies will showcase various types of products, including food industry, textiles, detergent, cosmetics, chinaware, metal products, machineries, handicrafts.

Established in 1968, Baghdad International Fair (BIF) is the largest annual international exhibition and promotional event in Iraq.

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Non-oil exports hit $18bn during first 5 months

reporter 1222 — Tue, 03 Sep 2019 07:11:38 +0000

Hamid Zadboom, Caretaker head of Trade Promotion Organization of Iran (TPOI) said on Monday that despite all the international restrictions on Iranian exports, the country’s non-oil exports over the past five months since the start of that Iranian year of 1398 (March 21 2019-2020) amounted to $17.8 billion.

Zadboom said that during that 5-month period, the value of imports stood at $17.7 billion.

China, Iraq, Turkey, the United Arab Emirates and Afghanistan are target markets for Iran’s exports, adding that his organization tries to increase the volume and variety of products exported to fifteen countries, the caretaker head of TPOI added.

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Iran exports $11.5bn worth of products in Q1

reporter 1222 — Sun, 07 Jul 2019 11:01:14 +0000

He made the remarks on Sunday at the 2nd National Day of Exports, Insurance and Investment and added, “three-month trade statistics of the country showed that Iran imported $10.2 billion worth of products in the same period, showing an 8.7 percent decline as compared to the last year’s corresponding period.”

Accordingly, trade balance of the country in this three-month period in the current year (March 2 – June 21) turned positive, he stated.

Modoudi pointed to the significance of production capacities and export products to finance export and added, “the country gained plenty of foreign exchange resources for many years but these resources were not spent appropriately for promoting export of non-oil commodities.”

He put Iran’s share of gross domestic product (GDP) in the world at 1.2 percent which is meager.

Islamic Republic of Iran enjoys high capacities and potentials to boost exports volume of non-oil commodities, Modoudi emphasized.

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Heads of joint trade chambers of Iran with neighbor countries to hold 1st meeting

reporter 1222 — Sun, 19 May 2019 12:01:14 +0000

The meeting seeks to boost the volume and variety of Iran’s non-oil exports to neighbor countries, to form international consortiums, to reinforce specialized exports associations and etc., as Modoudi said.

The meeting will be held at the place of TPO, he added.

Presently, promotion of export of non-oil commodities is the main priority of Iran. The country is planned to take effective steps to offer high-quality products to the international markets and in particular those in its neighboring countries.

Iranian officials have a special focus on capabilities and potentials of Iran Chamber of Commerce in order to compile necessary strategies for the removal of exports barriers and facilitate trade exchanges.

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Iran’s export of different types of date grows 53% in 10 months

reporter 1222 — Wed, 06 Mar 2019 13:01:50 +0000

Mahmoud Bazari, the Director General of the Exports Coordination Office at TPOI for Agro Crops and Processing Industries’ Products, made the remark on Tuesday, adding “statistics showed that Iran has exported 249,000 tons of fresh dates, valued at $258 million, which shows a 27 and 53 percent growth in terms of weight and value respectively.”

He went on to say that the country exported 196,000 tons of fresh dates, valued at $186 million, in 10 months of the past Iranian calendar year (March 21, 2017 – Jan. 21, 2018).

More than $284 million worth of Iranian fresh dates were exported to five main target markets including India, Pakistan, Iraq, Kazakhstan and Turkey in the same period, showing a significant 53 percent hike as compared to the last year’s corresponding period, he added.

With purchasing more than $43 million worth of fresh dates, India claimed the first place in terms of importing this product from the Islamic Republic of Iran, followed by Pakistan and Kazakhstan.

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Fruit, vegetable exports up 59% in 8 months

reporter 1222 — Sun, 16 Dec 2018 12:11:36 +0000

Iran exported 2.31 million tons of fruits and vegetables worth $866 million during the past eight months of the current fiscal (March 21- Nov. 21), a senior official at Iran’s Trade ‎Promotion Organization (TPO) said.

Mahmoud Bazari, the director general of the exports coordination office at TPO for agro crops and processing industries’ products, said the figure indicates 59% and 19% growth in terms of value and volume in comparison with the similar period of last year.

According to the official, 160,000 tons of flowers worth $401 million were exported in the period, which show a 40% hike in terms of value and 5.4% increase in terms of volume year on year.

Bazari added that exports of Iran’s sweets and chocolates stood at 330,000 tons worth $549 million, which also show an increase of 34% and 3% in terms of value and volume, respectively.

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