2022
Exports
$11MWorld Rnk 17 / 153
Flag Rnk 127 / 1061
2022
PRODUCT COMPLEXITY IN Insect Resins
-2.5Rnk 1019 / 1025
2022
Imports
$2.46MWorld Rnk 53 / 197
Flag Rnk 584 / 1116
2022
ECONOMIC COMPLEXITY of Iran
0.072Rnk 60 / 133

About

Exports In 2022, Iran exported $11M in Insect Resins, making it the 17th largest exporter of Insect Resins in the world. At the same year, Insect Resins was the 127th most exported product in Iran. The main destination of Insect Resins exports from Iran are: India ($5.1M), Germany ($2.34M), United Kingdom ($1.4M), Switzerland ($480k), and Austria ($455k).

The fastest growing export markets for Insect Resins of Iran between 2021 and 2022 were India ($3.41M), United Kingdom ($1.27M), and Austria ($411k).

Imports In 2022, Iran imported $2.46M in Insect Resins, becoming the 53rd largest importer of Insect Resins in the world. At the same year, Insect Resins was the 584th most imported product in Iran. Iran imports Insect Resins primarily from: France ($973k), India ($813k), United Arab Emirates ($353k), Turkey ($137k), and Germany ($84.7k).

The fastest growing import markets in Insect Resins for Iran between 2021 and 2022 were France ($428k), Bulgaria ($49.9k), and Austria ($33.7k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Insect Resins. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$11M
IMPORTS (2022)$2.46M
NET TRADE (2022)$8.57M

In 2022, Iran exported $11M in Insect Resins. The main destinations of Iran exports on Insect Resins were India ($5.1M), Germany ($2.34M), United Kingdom ($1.4M), Switzerland ($480k), and Austria ($455k).

In 2022, Iran imported $2.46M in Insect Resins, mainly from France ($973k), India ($813k), United Arab Emirates ($353k), Turkey ($137k), and Germany ($84.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Insect Resins EXPORT MARKETS FOR Iran WERE (2021 - 2022):
India$3.41M (202%)
United Kingdom$1.27M (944%)
Austria$411k (941%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insect Resins BY Iran WERE (2021 - 2022):
Germany-$1.22M (-34.3%)
Afghanistan-$831k (-100%)
Iraq-$504k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iran's main exporting competitors in Insect Resins were:
In 2022, Iran's main importing competitors in Insect Resins were:

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Trade Value of Insect Resins by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $1.18M
TOP IMPORT POTENTIALIndia+ $468k

Insect Resins’s highest export potential is India. With an export gap of $1.18M.   Insect Resins’s highest import potential is India with an import gap of $468k.

See methodology.

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