This statistic shows Iran's main import partners in 2023, sorted by their share in total imports. In 2023, Iran's main import partner was the China with a share of 34 percent in all imports. Iran's struggling economy Iran’s main import partners in descending order of importance include the United Arab Emirates, China, Algeria, India, South Korea and Turkey. Together the United Arab Emirates and China compose over 50 percent of all imports. No European countries or the United States are close trade partners with Iran for neither imports nor exports. Iran has been isolated from the west with sanctions due to concerns over the country's role in the manufacture of weapons of mass destruction for decades. In 2011, further sanctions on Iran from the United States and Europe were agreed upon, which negatively affected Iran’s economy. This also had an effect on the value of totalimports into the country which also dropped slightly around the same period. This is likely due to the fact that Iran’s GDP per capita also reduced significantly thereafter, limiting the country’s capacity to import goods. Compared to the GDP per capita of Saudi Arabia, Iran’s is significantly lower. Aside from the Saudi Arabian oil trade, one difference could be attributed to the fact that Saudi Arabia, in contrast to Iran, has developed strong international ties and trades freely with Europe and the United States, whereas Iran remains isolated for the time being.

Top Import Trading Partners of Iran with import value and Year on Year growth comparison

This statistic shows Iran's main export partners in 2023, sorted by their share in total exports. In 2023, Iran's main export partner was China with a share of 35 percent in all exports.

Iran's total Imports in 2022 were valued at US$58.73 Billion, according to the United Nations COMTRADE database on international trade. Iran's main import partners were: the United Arab Emirates, China and Turkey. The top three import commodities were: Cereals; Machinery, nuclear reactors, boilers and Electrical, electronic equipment. Total Exports were valued at US$80.90 Billion. In 2022, Iran had a trade surplus of US$22.17 Billion.

Iran's total Exports in 2022 were valued at US$80.90 Billion, according to the United Nations COMTRADE database on international trade. Iran's main export partners were: China, Iraq and the United Arab Emirates. The top three export commodities were: Mineral fuels, oils, distillation products; Iron and steel and Plastics. Total Imports were valued at US$58.73 Billion. In 2022, Iran had a trade surplus of US$22.17 Billion.

Exports in Iran increased to 17382 USD Million in the fourth quarter of 2024 from 12240 USD Million in the third quarter of 2024. This dataset provides - Iran Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

This statistic shows Iran's export of goods from 2013 to 2023. In 2023, Iran exported goods approximately worth ***** billion U.S. dollars. Iran's export struggle The Iranian economy was not spared from the global economic crisis in 2009, but Iranian exports seemed to recover from the global economic recession in 2011 at first. However, export figures dropped thereafter because of sanctions imposed by the United States and the European Union (EU) due to supposed Iran nuclear activities. This new round of sanctions spurred negative growth in 2012 and 2013 and growth dropped during the same period by around 200 billion U.S. dollars. While Iran has one of the largest oil reserves globally, daily oil production has decreased significantly since the first sanctions from the United States were put in place back in 1978. Because of a history of sanctions from Europe and the United States, neither region is among Iran’s most important export partners. While Iran had been hoping to emerge from sanctions this year, hoping to overcome international isolation and recovering lost revenue, recent tensions between Saudi Arabia and Iran may cripple their progress. Saudi Arabia would prefer the sanctions against Iran remain, since relations between the two countries have gotten worse. Additionally, where Saudi Arabia is a stronger ally to the west concerning Syria, Iran leans the other way. This situation could leave Iran once again struggling to overcome its isolation from the west.

Iran import data: Dive into the vibrant, diverse economy of Iran. Explore key imports, major trade partners, and strategic growth initiatives.

Russia Imports: Year to Date: Iran data was reported at 533.100 USD mn in Dec 2018. This records an increase from the previous number of 471.600 USD mn for Nov 2018. Russia Imports: Year to Date: Iran data is updated monthly, averaging 159.200 USD mn from Feb 2004 (Median) to Dec 2018, with 179 observations. The data reached an all-time high of 533.100 USD mn in Dec 2018 and a record low of 7.300 USD mn in Jan 2005. Russia Imports: Year to Date: Iran data remains active status in CEIC and is reported by Federal Customs Service. The data is categorized under Global Database’s Russian Federation – Table RU.JAA023: Imports: by Main Trading Partners: ytd.

The leader in the supply of goods and services to Iran are the United Arab Emirates. As many as 32% of the total value of imports to Iran comes from this country. This was followed by China, South Korea and Germany. These four largest countries supplied goods to Iran of nearly 72% of the total value of imports.

Lifting of Iranian sanctions could lead to a rapid improvement in the economic situation of Iran. This will not only remove the barriers of international transactions, but also enable the investments of foreign entities on the territory of Iran, increasing the competitiveness of operators, including in the key mining sector.

Russia Exports: Year to Date: Iran data was reported at 105.400 USD mn in Jan 2022. This records a decrease from the previous number of 3.068 USD bn for Dec 2021. Russia Exports: Year to Date: Iran data is updated monthly, averaging 880.550 USD mn from Feb 2004 (Median) to Jan 2022, with 216 observations. The data reached an all-time high of 3.406 USD bn in Dec 2011 and a record low of 39.100 USD mn in Jan 2013. Russia Exports: Year to Date: Iran data remains active status in CEIC and is reported by Federal Customs Service. The data is categorized under Global Database’s Russian Federation – Table RU.JAA006: Exports: by Main Trading Partners: ytd. Data release delayed due to the Ukraine-Russia conflict. No estimation on next release date can be made.

Statistics illustrates the import volume of Carbonates; n.e.s. in heading no. 2836 in Iran from 2007 to 2024 by trade partner.

Iran’s gross domestic product (GDP) inclined by 3.33 percent in 2020 after adjusting for inflation. This figure fell from 13.4 percent growth four years ago, which had been a reaction to sanctions lifting after the Joint Comprehensive Plan of Action (JPCOA) regarding Iran’s nuclear program. United States president Donald Trump ended that country’s participation in the deal, imposing new sanctions.

Political influence on the economy

Political tensions have hampered the economy of Iran, keeping growth low in spite of the country’s considerable oil reserves. The effect of these sanctions becomes obvious when looking at Iran’s oil exports to Europe over the past decade. Some analysts have blamed the new sanctions for the increase in Iran’s inflation rate, as well as the currency depreciation that has accompanied it.

Iran’s options

Although Iran’s main export partners are largely in Asia, many of the transactions are carried out using U.S. dollars. Even though other means of payment are possible, some countries worry about political ramifications of continuing trade relations with Iran. Iran’s greatest strength at the moment may be its low national debt, meaning that it can borrow a substantial amount of money if it can find a willing lender. However, given the instability of the political situation worldwide and regionally, it is difficult to assume that such a borrower exists at the moment.

Statistics illustrates the import volume of Manuka in Iran from 2007 to 2024 by trade partner.

出口：年初至今：伊朗在01-01-2022达105.400百万美元，相较于12-01-2021的3,067.900百万美元有所下降。出口：年初至今：伊朗数据按月更新，02-01-2004至01-01-2022期间平均值为880.550百万美元，共216份观测结果。该数据的历史最高值出现于12-01-2011，达3,406.100百万美元，而历史最低值则出现于01-01-2013，为39.100百万美元。CEIC提供的出口：年初至今：伊朗数据处于定期更新的状态，数据来源于Федеральная таможенная служба，数据归类于Global Database的俄罗斯联邦 – Table RU.JAA006: Exports: by Main Trading Partners: ytd。

Statistics illustrates the import volume of Wood; coffins in Iran from 2007 to 2024 by trade partner.

进口：年初至今：伊朗在12-01-2018达533.100百万美元，相较于11-01-2018的471.600百万美元有所增长。进口：年初至今：伊朗数据按月更新，02-01-2004至12-01-2018期间平均值为159.200百万美元，共179份观测结果。该数据的历史最高值出现于12-01-2018，达533.100百万美元，而历史最低值则出现于01-01-2005，为7.300百万美元。CEIC提供的进口：年初至今：伊朗数据处于定期更新的状态，数据来源于Федеральная таможенная служба，数据归类于Global Database的俄罗斯联邦 – Table RU.JAA023: Imports: by Main Trading Partners: ytd。

This statistic shows the trade balance of goods of Saudi Arabia from 2013 to 2023. In 2023, Saudi Arabia's trade balance surplus amounted to approximately 113.08 billion years. Saudi Arabia's economic state Saudi Arabia’s positive trade balance dropped during the economic crisis, recovered thereafter, but has faltered somewhat in the past couple of years. This is likely due to a loss in export income associated with falling crude oil prices in the region. This has affected the economy and is expected to increase the country’s national debt. As a major oil producer and exporter, on the one hand Saudi Arabia needs to maintain international relations related to the export of its most precious resource, and on the other hand it needs to preserve stability in the region. For the most part, the country has been able to do so. Due to large oil reserves throughout the region, Saudi Arabia’s most important export partners include China, the United States, Japan, South Korea, India and Singapore. As one of the main oil producers worldwide and ranked among the countries with the largest GDP, Saudi Arabia remains one of the key players in the Muslim and Arab world. It is also home to the birthplace of the Muslim Prophet Mohammed, giving the country a special significance. However, as tension rise with Iran, an uneasy relationship based in religion, politics and history, preserving stability in the region and international relations may become a challenge.

Statistics illustrates the import value of Electric motors; of an output not exceeding 37.5W in Iran from 2007 to 2024 by trade partner.