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Iran is the 46th largest export economy in the world and the 66th most complex economy according to the Economic Complexity Index (ECI). In 2017, Iran exported $53.7B and imported $49.9B, resulting in a positive trade balance of $3.84B. In 2017 the GDP of Iran was $454B and its GDP per capita was $20.8k.

The top exports of Iran are Crude Petroleum ($38.5B), Ethylene Polymers ($2.75B), Acyclic Alcohols ($1.36B), Refined Petroleum ($1.32B) and Iron Ore ($1.19B), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Cars ($2.7B), Vehicle Parts ($1.71B), Corn ($1.08B), Rice ($891M) and Broadcasting Equipment ($808M).

The top export destinations of Iran are China ($16.9B), India ($10.2B), South Korea ($7.22B), Italy ($3.48B) and Japan ($3.23B). The top import origins are China ($18.4B), South Korea ($4.02B), Germany ($3.22B), Turkey ($3.15B) and India ($2.58B).

Iran borders Afghanistan, Armenia, Azerbaijan, Iraq, Pakistan, Turkmenistan and Turkey by land and the United Arab Emirates, Bahrain, Kuwait, Oman, Qatar and Saudi Arabia by sea.

Economic Complexity of Iran

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