2022
Exports
$28.9kWorld Rnk 92 / 160
Flag Rnk 784 / 1061
2022
PRODUCT COMPLEXITY IN Metalworking Machines
1.92Rnk 9 / 1025
2022
Imports
$6.41MWorld Rnk 47 / 212
Flag Rnk 437 / 1116
2022
ECONOMIC COMPLEXITY of Iran
0.072Rnk 60 / 133

About

Exports In 2022, Iran exported $28.9k in Metalworking Machines, making it the 92nd largest exporter of Metalworking Machines in the world. At the same year, Metalworking Machines was the 784th most exported product in Iran. The main destination of Metalworking Machines exports from Iran are: Oman ($9.72k), Australia ($8.94k), Armenia ($7.9k), Azerbaijan ($1.5k), and Tajikistan ($876).

The fastest growing export markets for Metalworking Machines of Iran between 2021 and 2022 were Australia ($8.94k), Armenia ($4.6k), and Oman ($1.18k).

Imports In 2022, Iran imported $6.41M in Metalworking Machines, becoming the 47th largest importer of Metalworking Machines in the world. At the same year, Metalworking Machines was the 437th most imported product in Iran. Iran imports Metalworking Machines primarily from: China ($5M), Turkey ($1.04M), Georgia ($98.9k), Romania ($66.8k), and Italy ($56.9k).

The fastest growing import markets in Metalworking Machines for Iran between 2021 and 2022 were China ($1.02M), South Korea ($25k), and Georgia ($7.76k).

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 Metalworking Machines. 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)$28.9k
IMPORTS (2022)$6.41M
NET TRADE (2022)-$6.39M

In 2022, Iran exported $28.9k in Metalworking Machines. The main destinations of Iran exports on Metalworking Machines were Oman ($9.72k), Australia ($8.94k), Armenia ($7.9k), Azerbaijan ($1.5k), and Tajikistan ($876).

In 2022, Iran imported $6.41M in Metalworking Machines, mainly from China ($5M), Turkey ($1.04M), Georgia ($98.9k), Romania ($66.8k), and Italy ($56.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metalworking Machines EXPORT MARKETS FOR Iran WERE (2021 - 2022):
Australia$8.94k (1%)
Armenia$4.6k (139%)
Oman$1.18k (13.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Machines BY Iran WERE (2021 - 2022):
Iraq-$335k (-100%)
Netherlands-$38k (-100%)
Azerbaijan-$19.9k (-93%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iran's main exporting competitors in Metalworking Machines were:
In 2022, Iran's main importing competitors in Metalworking Machines were:

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Trade Value of Metalworking Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALAustralia+ $3.97k
TOP IMPORT POTENTIALTurkey+ $371k

Metalworking Machines’s highest export potential is Australia. With an export gap of $3.97k.   Metalworking Machines’s highest import potential is Turkey with an import gap of $371k.

See methodology.

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