2022
Exports
$7.45MWorld Rnk 84 / 222
Flag Rnk 154 / 1061
2022
PRODUCT COMPLEXITY IN Other Iron Products
0.8Rnk 243 / 1025
2022
Imports
$40.2MWorld Rnk 90 / 225
Flag Rnk 137 / 1116
2022
ECONOMIC COMPLEXITY of Iran
0.072Rnk 60 / 133

About

Exports In 2022, Iran exported $7.45M in Other Iron Products, making it the 84th largest exporter of Other Iron Products in the world. At the same year, Other Iron Products was the 154th most exported product in Iran. The main destination of Other Iron Products exports from Iran are: Azerbaijan ($2.82M), Armenia ($1.5M), Turkey ($935k), Tajikistan ($645k), and Georgia ($563k).

The fastest growing export markets for Other Iron Products of Iran between 2021 and 2022 were Azerbaijan ($1.89M), Georgia ($240k), and Oman ($199k).

Imports In 2022, Iran imported $40.2M in Other Iron Products, becoming the 90th largest importer of Other Iron Products in the world. At the same year, Other Iron Products was the 137th most imported product in Iran. Iran imports Other Iron Products primarily from: China ($24.1M), Turkey ($6.03M), Germany ($3.28M), South Korea ($2.4M), and Italy ($2.23M).

The fastest growing import markets in Other Iron Products for Iran between 2021 and 2022 were South Korea ($1.54M), Italy ($1.32M), and China ($1.08M).

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 Other Iron Products. 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)$7.45M
IMPORTS (2022)$40.2M
NET TRADE (2022)-$32.8M

In 2022, Iran exported $7.45M in Other Iron Products. The main destinations of Iran exports on Other Iron Products were Azerbaijan ($2.82M), Armenia ($1.5M), Turkey ($935k), Tajikistan ($645k), and Georgia ($563k).

In 2022, Iran imported $40.2M in Other Iron Products, mainly from China ($24.1M), Turkey ($6.03M), Germany ($3.28M), South Korea ($2.4M), and Italy ($2.23M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Iron Products EXPORT MARKETS FOR Iran WERE (2021 - 2022):
Azerbaijan$1.89M (202%)
Georgia$240k (74.5%)
Oman$199k (294%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Iron Products BY Iran WERE (2021 - 2022):
Iraq-$58.1M (-100%)
Afghanistan-$6.85M (-100%)
Turkey-$2.77M (-74.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iran's main exporting competitors in Other Iron Products were:
In 2022, Iran's main importing competitors in Other Iron Products were:

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Trade Value of Other Iron Products by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALTurkey+ $1.07M
TOP IMPORT POTENTIALChina+ $17.4M

Other Iron Products’s highest export potential is Turkey. With an export gap of $1.07M.   Other Iron Products’s highest import potential is China with an import gap of $17.4M.

See methodology.

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