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2022
Flag → Flag
Exports $1.64BRnk 62 / 223
2022
Flag → Flag
Top Product $429MWheat
2022
Flag → Flag
Exports $300MRnk 9 / 127
2022
Flag → Flag
Top Product $78.9MOther Nuts
2022
Flag
Economic Complexity (ECI) ECI 1.78Rnk 5 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.072Rnk 60 / 133
2022
Flag  
GDP$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
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GDP GROWTH15.5%CURRENT US$
Rnk 136 / 186
2022
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 GDP$389BCURRENT US$
Rnk 40 / 186
2012-2022
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GDP GROWTH-39.7%CURRENT US$
Rnk 183 / 186
2022
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GDP PC $48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH10.4%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 $1.64B 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 decreased at an annualized rate of 13.9%, from $3.47B in 2017 to $1.64B 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 $300M 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 6.86%,  from $428M in 2017 to $300M 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).

Latest Trends

August, 2024

About

Overview In August 2024, Germany exported €125M and imported €18.6M from Iran, resulting in a positive trade balance of €107M. Between August 2023 and August 2024 the exports of Germany have increased by €33.3M (36.1%) from €92.1M to €125M, while imports decreased by €-3.29M (-15%) from €21.9M to €18.6M.

Trade In August 2024, the top exports of Germany to Iran were Pharmaceutical products (€15.4M), Pumps and compressors (€10.6M), Medical, surgical equipment, orthopaedic apparatus (€8.83M), Other prefabricated chemicals (€8.78M), and Seeds and seed stock, excl. oilseed... (€7.41M). In August 2024 the top imports of Germany from Iran were Nuts and dried fruits (€9.81M), Other food of animal origin (€6.07M), Other raw materials inclusive waste (€4.53M), Pharmaceutical products (€2.22M), and Other food of vegetable origin (€1.45M).

Origins In August 2024 the exports of Germany were mainly from Bavaria (€25.3M), Hesse (€17.5M), Schleswig-Holstein (€14.8M), North Rhine-Westphalia (€10.6M), and Lower Saxony (€9.59M), while imports destinations were mainly Hamburg (€6.75M), Schleswig-Holstein (€3.15M), Hesse (€2.35M), Lower Saxony (€2.2M), and North Rhine-Westphalia (€1.57M).

Growth In August 2024, the increase in Germany's year-by-year exports to Iran was explained primarily by an increase in product exports in Pumps and compressors (€8.9M or 530%), Seeds and seed stock, excl. oilseed... (€4.75M or 179%), and Medical, surgical equipment, orthopaedic apparatus (€4.25M or 92.7%). In August 2024, the decrease in Germany's year-by-year imports  from Iran was explained primarily by an decrease in product imports  in Fruit and vegetable juice (€-917k or -86.3%), Pharmaceutical products (€-587k or -20.9%), and Nuts and dried fruits (€-367k or -3.61%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (August 2023 - August 2024)€33.3M(36.1%)
IMPORT GROWTH (August 2023 - August 2024)€-3.29M(-15%)
MAIN EXPORTER (August 2024)Bavaria€25.3M

This section shows exports and imports data at subnational level for Germany. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Germany over time.

To check Iran and Germany trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Iran and Germany Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Germany exported $1.64B 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 decreased at an annualized rate of 13.9%, from $3.47B in 2017 to $1.64B in 2022.

In 2017, Iran exported $300M 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 5 years the exports of Iran to Germany have decreased at an annualized rate of 6.86%, from $428M in 2022 to $300M in 2017.

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

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

Market Competitiveness

Color
Germany
Top DestinationUnited States$153B
Iran
Top DestinationChina$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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