2023
Flag  
GDP
$4.53TCURRENT US$
Rnk 3 / 195
2013-2023
Flag
GDP GROWTH
18.8%CURRENT US$
Rnk 144 / 195
2023
Flag
 GDP
$405BCURRENT US$
Rnk 36 / 195
2013-2023
Flag
GDP GROWTH
-19.1%CURRENT US$
Rnk 189 / 195
2023
Flag
GDP PC 
$54,343CURRENT US$
Rnk 21 / 195
2013-2023
Flag
GDP PC GROWTH
15.1%CURRENT US$
Rnk 118 / 195
2023
Flag
GDP PC
$4,466CURRENT US$
Rnk 125 / 196
2013-2023
Flag
GDP PC GROWTH
-28.2%CURRENT US$
Rnk 186 / 195

About

Germany-Iran Trade: In 2023, Germany exported $1.26B to Iran. The main products that Germany exported to Iran were Vaccines, blood, antisera, toxins and cultures ($97.4M), Packaged Medicaments ($90.5M), and Air Pumps ($62M). Over the past 5 years the exports of Germany to Iran have decreased at an annualized rate of 16.1%, from $3.03B in 2018 to $1.26B in 2023.

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 2023, Iran exported $260M to Germany. The main products that Iran exported to Germany were Other Nuts ($67M), Animal Organs ($48.8M), and Vaccines, blood, antisera, toxins and cultures ($40.3M). Over the past 5 years the exports of Iran to Germany have decreased at an annualized rate of 12.3%,  from $503M in 2018 to $260M in 2023.

In 2023, Iran did not export any services to Germany.

Comparison: In 2023,  Germany ranked 5 in the Economic Complexity Index (ECI 1.79), and 3 in total exports ($1.57T). That same year, Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Germany exported $1.26B to Iran. The main products exported from Germany to Iran were Vaccines, blood, antisera, toxins and cultures ($97.4M), Packaged Medicaments ($90.5M), and Air Pumps ($62M). During the last 5 years the exports of Germany to Iran have decreased at an annualized rate of 16.1%, from $3.03B in 2018 to $1.26B in 2023.

In 2018, Iran exported $260M to Germany. The main products exported from Iran to Germany were Other Nuts ($67M), Animal Organs ($48.8M), and Vaccines, blood, antisera, toxins and cultures ($40.3M). During the last 5 years the exports of Iran to Germany have decreased at an annualized rate of 12.3%, from $503M in 2023 to $260M in 2018.

Exports from Germany (Flag) to Iran (Flag) (2023)

Exports from Iran (Flag) to Germany (Flag) (2023)

Market Competitiveness

Color
Germany
Top Destination
United States$157B
Iran
Top Destination
China$4.59B

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 2023, countries that imported more from Germany than Iran included United States ($157B), France ($118B), and Netherlands ($108B).

In 2023, countries that imported more from Iran than Germany included Armenia ($597M).

Difference in imports from Iran (Flag) and Germany (Flag) (2023)

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 2023, Germany had a large net trade with Iran in the exports of Machines ($485M), Chemical Products ($331M), and Instruments ($155M).

During 2018, Iran had a large net trade with Germany in the exports of Vegetable Products ($98.9M), Animal Products ($48.9M), and Chemical Products ($41.5M).

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) (2023)

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