Flag China / Iran Flag

Exports Flag β†’ Flag  (2018): $14B, Rnk 34 / 206

Top Product Flag β†’ Flag (2018): $1.58B, Cars

Exports Flag β†’ Flag (2018): $18.9B, Rnk 1 / 116

Top Product Flag β†’ Flag (2018): $13.4B, Crude Petroleum

Economic Complexity of Flag (2018): ECI 0.89, Rnk 30 / 137

Economic Complexity of Flag (2018): ECI -0.046, Rnk 67 / 137

GDP Flag (2018): $13.6T, CURRENT US$
Rnk 2 / 196

GDP GROWTH Flag (2008-2018): 196%, CURRENT US$
Rnk 6 / 196

GDP PC Flag (2018): $9,771, CURRENT US$
Rnk 78 / 196

GDP PC GROWTH Flag (2008-2018): 182%, CURRENT US$
Rnk 3 / 196

China-Iran: In 2018, China exported $14B to Iran. The main products exported from China to Iran were Cars ($1.58B), Vehicle Parts ($388M), and Broadcasting Equipment ($267M). During the last 23 years the exports of China to Iran have increased at an annualized rate of 18.6%, from $276M in 1995 to $14B in 2018.

Iran-China: In 2018, Iran exported $18.9B to China. The main products exported from Iran to China were Crude Petroleum ($13.4B), Ethylene Polymers ($2.12B), and Acyclic Alcohols ($1.09B). During the last 23 years the exports of Iran to China have increased at an annualized rate of 21.8%, from $201M in 1995 to $18.9B in 2018.

Comparison: In 2018, China ranked 30 in the Economic Complexity Index (ECI 0.89), and 1 in total exports ($2.59T). That same year, Iran ranked 67 in the Economic Complexity Index (ECI -0.046), and 48 in total exports ($62.6B). In terms of GDP Per Capita, China was ranked 78 with a GDP Per Capita of $9,771, while Iran has no data regarding GDP Per Capita in 2018.

Bilateral Trade by Products

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Depth
Value

In 2018, China exported $14B to Iran. The main products exported from China to Iran were Cars ($1.58B), Vehicle Parts ($388M), and Broadcasting Equipment ($267M). During the last 23 years the exports of China to Iran have increased at an annualized rate of 18.6%, from $276M in 1995 to $14B in 2018.

In 2018, Iran exported $18.9B to China. The main products exported from Iran to China were Crude Petroleum ($13.4B), Ethylene Polymers ($2.12B), and Acyclic Alcohols ($1.09B). During the last 23 years the exports of Iran to China have increased at an annualized rate of 21.8%, from $201M in 1995 to $18.9B in 2018.

Market Competitiveness

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Measure

China
Top Destination
: United States, $499B

Iran
Top Destination
: China, $18.9B

This map shows whether countries import more from China or Iran. Each country is colored based on the difference in imports they receive from China and Iran or the difference in the growth in imports.

In 2018, countries that imported more from China than Iran were United States ($499B), Hong Kong ($282B), and Japan ($155B).

In 2018, no countries were registered that imported more from Iran than from China.

Comparative Advantage China - Iran

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Depth

This chart compares trade between China and Iran by product, considering products traded by both, China and Iran.

During 2018, China had a large net trade with Iran in the exports of Machines ($4.51B), Transportation ($2.57B), and Metals ($1.57B).

During 2018, Iran had a large net trade with China in the exports of Mineral Products ($15.2B), Plastics and Rubbers ($2.18B), and Chemical Products ($1.24B).

Tariff Section

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This sections shows import tariffs for products traded between China and Iran (using the HS6 product classification and the last year reported).

In 2018, the products from China that paid the highest import tariffs to enter Iran were Vermouth and other flavoured grape wines - pack < 2l (65%) and Vermouth and other flavoured grape wines - pack > 2l (65%).

In 2011, the products from Iran that paid the highest import tariffs to enter China were Wine lees, argol (400%) and Poppy seeds (200%).

Explore Tariff Data

*The tariffs present between China and Iran are:
125: General duty rate
136: Most Favoured Nation duty rate treatement

Trade Forecasts

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This section shows a forecast for total trade between China and Iran. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more China has comparative advantage over Iran. Similarly, the more red a dot/product is, the more Iran has comparative advantage over China.