[1] Primary trade source
OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.
Country intelligence · IRN · 2024
Iran (Islamic Republic of) trade profile
In 2024, Iran (Islamic Republic of) recorded $12.9B in merchandise exports and $49.2B in imports, producing a $36.3B trade deficit. Exports changed +30.2% from the previous year, while imports changed +1.8%.[1]
Exports
$12.9B
+30.2%
Imports
$49.2B
+1.8%
Trade balance
-$36.3B
deficit
Active partners
270
5 FTA-linked
Historical evidence
Ten-year trade movement
The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports
Exact annual values
Leading export sectors
HS2 chapters rank broad product groups by observed export value in 2024.
1$2.1B
HS 39 · HS chapter
129 active HS6 lines · 98 export partners
2$1.4B
HS 08 · HS chapter
68 active HS6 lines · 101 export partners
3$1.2B
HS 27 · Mineral fuels and oils
34 active HS6 lines · 56 export partners
4$1.1B
HS 29 · Organic chemicals
303 active HS6 lines · 56 export partners
5$1.1B
HS 26 · HS chapter
24 active HS6 lines · 15 export partners
6$1.1B
HS 72 · HS chapter
167 active HS6 lines · 44 export partners
7$598.0M
HS 76 · HS chapter
35 active HS6 lines · 57 export partners
8$554.0M
HS 74 · HS chapter
49 active HS6 lines · 43 export partners
Leading export markets
Destinations rank bilateral export flows from Iran (Islamic Republic of); growth describes each corridor rather than the whole economy.
1$3.9B
China
Annual change +27.0% · 3-year CAGR -26.3%
2$2.2B
Türkiye
Annual change +29.5% · 3-year CAGR -30.3%
3$1.1B
Pakistan
Annual change +88.6% · 3-year CAGR 2.4%
4$943.6M
India
Annual change +25.6% · 3-year CAGR -4.5%
5$592.5M
Azerbaijan
Annual change +56.5% · 3-year CAGR 15.6%
6$584.5M
Armenia
Annual change +19.9% · 3-year CAGR -28.0%
7$499.3M
United Arab Emirates
Annual change +43.0% · 3-year CAGR -63.1%
8$310.4M
Oman
Annual change +15.6% · 3-year CAGR -24.3%
Sources, definitions and limitations
Calculation notes
USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.