2022
Flag  
GDP
$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH
111%CURRENT US$
Rnk 11 / 186
2022
Flag
 GDP
$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH
-39.7%CURRENT US$
Rnk 183 / 186
2022
Flag
GDP PC 
$12,720CURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP PC GROWTH
102%CURRENT US$
Rnk 8 / 186
2022
Flag
GDP PC
$4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH
-47.3%CURRENT US$
Rnk 183 / 186

About

China-Iran Trade: In 2022, China exported $9.44B to Iran. The main products that China exported to Iran were Motor vehicles; parts and accessories (8701 to 8705) ($1.07B), Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) ($553M), and Broadcasting Equipment ($258M). Over the past 5 years the exports of China to Iran have decreased at an annualized rate of 12.9%, from $18.9B in 2017 to $9.44B in 2022.

In 2022, China did not export any services to Iran.

Iran-China Trade: In 2022, Iran exported $5.72B to China. The main products that Iran exported to China were Ethylene Polymers ($2.13B), Acyclic Alcohols ($826M), and Refined Copper ($765M). Over the past 5 years the exports of Iran to China have decreased at an annualized rate of 14.2%,  from $12.3B in 2017 to $5.72B in 2022.

In 2022, Iran did not export any services to China.

Comparison: In 2022,  China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T). That same year, Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, China exported $9.44B to Iran. The main products exported from China to Iran were Motor vehicles; parts and accessories (8701 to 8705) ($1.07B), Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) ($553M), and Broadcasting Equipment ($258M). During the last 5 years the exports of China to Iran have decreased at an annualized rate of 12.9%, from $18.9B in 2017 to $9.44B in 2022.

In 2017, Iran exported $5.72B to China. The main products exported from Iran to China were Ethylene Polymers ($2.13B), Acyclic Alcohols ($826M), and Refined Copper ($765M). During the last 5 years the exports of Iran to China have decreased at an annualized rate of 14.2%, from $12.3B in 2022 to $5.72B in 2017.

Exports from China (Flag) to Iran (Flag) (2022)

Exports from Iran (Flag) to China (Flag) (2022)

Market Competitiveness

Color
China
Top Destination
N/AN/A
Iran
Top Destination
N/AN/A

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.

N/A

N/A

Difference in imports from Iran (Flag) and China (Flag) (2022)

Comparative Advantage China - Iran

Flow
Scale

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

During 2022, China had a large net trade with Iran in the exports of Machines ($3.54B), Transportation ($1.91B), and Metals ($962M).

During 2017, Iran had a large net trade with China in the exports of Plastics and Rubbers ($2.13B), Mineral Products ($1.15B), and Metals ($1.14B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Iran+$423MTelephones
Top Product Potential Iran China+$355MCrude Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of China and Iran. This means that a dot/product with the flag of China indicates it has a comparative advantage over Iran. Similarly, a dot/product with the flag of Iran indicates it has a comparative advantage over China.

Product Space of China (Flag) and Iran (Flag) (2022)

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