Iran exported 18.72 million tons of commodities worth $7.55 billion during March 21-May 21 compared to figure for the same period last year showing a growth of 4.6 percent and 19 percent in terms of weight and value, respectively.
The escalating trade war between Washington and Beijing has jolted investors for the first time in months as a sharp sell-off in Chinese shares started a ripple through global markets that hit companies in major exporting nations particularly hard.
Esfahan Steel Company (ESCO) announced in a statement that the first domestically-manufactured rail tracks were handed over to Islamic Republic of Iran Railways, adding that the rails are on par with the latest global standards.
Spain's Repsol has hired Malta-flagged suezmax Mabrouk to ship the first export parcel of Pars oil produced from West Karoun fields in southwest Iran, sources and shipping data in Thomson Reuters Eikon showed.
Tehran will maximize its benefits from a preferential trade agreement it recently signed with members of the Eurasian Economic Union, said Iran's ambassador to Kazakhstan underlining the need for robust legal and banking infrastructures to attain this goal.