2022
Flag  
GDP
$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 136 / 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 
$48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH
10.4%CURRENT US$
Rnk 115 / 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

Germany-Iran Trade: In 2022, Germany exported $3.47B to Iran. The main products that Germany exported to Iran were Wheat ($429M), Vaccines, blood, antisera, toxins and cultures ($120M), and Packaged Medicaments ($74.4M). Over the past 5 years the exports of Germany to Iran have increased at an annualized rate of 19.8%, from $1.41B in 2017 to $3.47B in 2022.

In 2009, Germany exported services to Iran worth $1.1B, with Services not allocated ($549M), Other business services ($248M), and Construction services ($118M) being the largest in terms of value.

Iran-Germany Trade: In 2022, Iran exported $428M to Germany. The main products that Iran exported to Germany were Other Nuts ($78.9M), Animal Organs ($67M), and Non-Iron and Steel Slag, Ash and Residues ($40.5M). Over the past 5 years the exports of Iran to Germany have decreased at an annualized rate of 11.2%,  from $776M in 2017 to $428M in 2022.

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

Comparison: In 2022,  Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T). 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, Germany exported $3.47B to Iran. The main products exported from Germany to Iran were Wheat ($429M), Vaccines, blood, antisera, toxins and cultures ($120M), and Packaged Medicaments ($74.4M). During the last 5 years the exports of Germany to Iran have increased at an annualized rate of 19.8%, from $1.41B in 2017 to $3.47B in 2022.

In 2017, Iran exported $428M to Germany. The main products exported from Iran to Germany were Other Nuts ($78.9M), Animal Organs ($67M), and Non-Iron and Steel Slag, Ash and Residues ($40.5M). During the last 22 years the exports of Iran to Germany have decreased at an annualized rate of 11.2%, from $776M in 1995 to $428M in 2017.

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

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

Market Competitiveness

Color
Germany
Top Destination
United States$153B
Iran
Top Destination
China$5.72B

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

In 2022, countries that imported more from Germany than Iran included United States ($153B), France ($120B), and Netherlands ($109B).

In 2022, countries that imported more from Iran than Germany included Armenia ($557M) and Tajikistan ($115M).

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

Comparative Advantage Germany - Iran

Flow
Scale

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

During 2022, Germany had a large net trade with Iran in the exports of Vegetable Products ($493M), Machines ($407M), and Chemical Products ($351M).

During 2017, Iran had a large net trade with Germany in the exports of Vegetable Products ($107M), Animal Products ($67M), and Mineral Products ($41.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Germany Iran+$54.8MPackaged Medicaments
Top Product Potential Iran Germany+$15.1MVaccines, blood, antisera, toxins and cultures

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 Germany and Iran. This means that a dot/product with the flag of Germany indicates it has a comparative advantage over Iran. Similarly, a dot/product with the flag of Iran indicates it has a comparative advantage over Germany.

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

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