T3 · Product exporter position

Iran (Islamic Republic of) exports of Iron or non-alloy steel: primary forms (excluding ingots and iron of heading no. 7203) (HS 720690)

See where Iran (Islamic Republic of) stands in iron or non-alloy steel: primary forms (excluding ingots and iron of heading no. 7203): export scale, destination breadth, market position, growth, and reported trade history.

Exporter IRNHS6 720690Latest year 2024Rapid decline

Latest exports

$33.5MLatest observed lane total

Destination markets

3Reported active markets

Three-year growth

-78.7%Annualized change

Destination HHI

3,288Destination concentration

Weighted share

89.9%Reported market position

Exporter evidence

How strong is Iran (Islamic Republic of) in Iron or non-alloy steel: primary forms (excluding ingots and iron of heading no. 7203)?

Reported exporter totals and calculated indicators for HS 720690. Values retain their observed coverage period.

Exporter scale

Latest exports$33.5M
Current 2024 exports$50.4K
Three-year average$973.7K
Historical peak$482.7M

Market position

Active destinations3
Destination HHI3,288
Weighted share89.9%
Share change+7.5 pp

Competitiveness

Three-year growth-78.7%
Volatility0.7
Maximum drawdown73.3%
TrendRapid decline
MeasureValueWhat it describes
ExporterIran (Islamic Republic of)Country represented by this profile
Latest observed exports$33.5MSum of latest observed destination-lane values
Current 2024 exports$50.4KCommon-year comparison where reported
Three-year growth-78.7%Annualized change in exporter totals
Five-year growth-49.5%Annualized change in exporter totals
Leading destinationMARDestination with the largest observed export value
Leading destination share47.6%Share of observed exporter totals
Destination concentration3,288HHI across destination markets
Weighted share change+7.5 ppValue-weighted latest change in market share
Limited-history lanes86.4%Share of lanes with shorter history

Destination markets

Where does Iran (Islamic Republic of) sell iron or non-alloy steel: primary forms (excluding ingots and iron of heading no. 7203)?

Leading destination observations ranked by reported export value, with market position and access context.

DestinationLatest exportsMarket shareGrowthAccessSignal
Germany$171.0K0.4%+0%0% tariffDeclining
Spain$15.8K0.3%+0%0% tariffDeclining

Destination

Germany

Latest exports
$171.0K
Market share
0.4%
Growth
+0%
Access
0% tariff
Signal
Declining

Destination

Spain

Latest exports
$15.8K
Market share
0.3%
Growth
+0%
Access
0% tariff
Signal
Declining

Price intelligence

How does Iran (Islamic Republic of)'s price position vary?

Price comparisons are shown where market-level unit-value observations are available. They describe reported trade values and quantities, not quoted selling prices.

Highest reported price

India: $6.2K / ton.

Lowest reported price

Republic of Korea: $219.3 / ton.

Median price

$409.9 / ton across reported markets.

Export trend

Reported export history

Annual observations for Iran (Islamic Republic of) and HS 720690 where available.

YearExportsYear-on-year changeActive destinations
2007$116.9K-63.8%1
2009$90.7K-22.4%2
2010$595.3K+556%6
2013$2.5M+312%4
2014$13.7M+457.2%37
2015$25.0M+83.1%7
2016$208.9M+734.7%44
2017$424.6M+103.2%42
2018$16.8M-96.1%40
2019$1.5M-90.9%6
2020$4.2-100%1
2021$5.2M+125,033,048.4%4
2022$2.8M-46%5
2023$38.4K-98.6%3
2024$50.4K+31.3%3

Exporter context

Iran (Islamic Republic of) economy and trade network

The exporter profile adds country-level trade and structural context to the selected product position. These indicators describe the country overall and are not limited to HS 720690.

Iran (Islamic Republic of) has reported exports of $12.9B and a trade balance of -$36.3B in 2024.

Available structural indicators include 6.6% trade openness, 39.4% investment, and 270 active trade partners.

Reported values

Export totals and destination values describe reported merchandise trade for the stated exporter, HS6 classification, and available year.

Calculated indicators

Growth, concentration, weighted share, volatility, drawdown, and price comparisons are calculated from reported observations.

Coverage

Missing values remain “Not reported”. Country-level indicators are presented separately from product-level observations.

Frequently asked questions

Questions about Iran (Islamic Republic of) iron or non-alloy steel: primary forms (excluding ingots and iron of heading no. 7203) exports

Quick answers based on the figures and coverage shown on this page.

How strong is this exporter?

Use latest exports, destination breadth, growth, concentration, and weighted share together rather than relying on one measure.

Which markets are most important?

The destination table ranks reported markets by the latest observed export value.

Does the price section show quotes?

No. It summarizes reported trade value and quantity observations converted to unit values.

What should be checked next?

Compare this exporter with buyer markets, corridors, and the product overview before making a commercial decision.