2021
Flag  
GDP
$3.15TCURRENT US$
Rnk 5 / 204
2011-2021
Flag
GDP GROWTH
72.8%CURRENT US$
Rnk 26 / 204
2021
Flag
 GDP
$359BCURRENT US$
Rnk 41 / 204
2011-2021
Flag
GDP GROWTH
-42.6%CURRENT US$
Rnk 203 / 204
2021
Flag
GDP PC 
$2,238CURRENT US$
Rnk 159 / 204
2011-2021
Flag
GDP PC GROWTH
54.4%CURRENT US$
Rnk 27 / 204
2021
Flag
GDP PC
$4,084CURRENT US$
Rnk 132 / 204
2011-2021
Flag
GDP PC GROWTH
-50.2%CURRENT US$
Rnk 201 / 204

About

India-Iran In 2021, India exported $1.28B to Iran. The main products that India exported to Iran are Rice ($662M), Tea ($96.8M), and Bananas ($46.1M). During the last 26 years the exports of India to Iran have increased at an annualized rate of 8.63%, from $149M in 1995 to $1.28B in 2021.

In 2021, India did not export any services to Iran.

Iran-India In 2021, Iran exported $379M to India. The main products that Iran exported to India were Other Nuts ($100M), Ammonia ($58.2M), and Apples and Pears ($48.3M). During the last 26 years the exports of Iran to India have decreased at an annualized rate of 1.08%, from $502M in 1995 to $379M in 2021.

In 2021, Iran did not export any services to India.

Comparison In 2021,  India ranked 41 in the Economic Complexity Index (ECI 0.61), and 14 in total exports ($403B). That same year, Iran ranked 67 in the Economic Complexity Index (ECI -0.091), and 85 in total exports ($14B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, India exported $1.28B to Iran. The main products exported from India to Iran were Rice ($662M), Tea ($96.8M), and Bananas ($46.1M). During the last 26 years the exports of India to Iran have increased at an annualized rate of 8.63%, from $149M in 1995 to $1.28B in 2021.

In 2021, Iran exported $379M to India. The main products exported from Iran to India were Other Nuts ($100M), Ammonia ($58.2M), and Apples and Pears ($48.3M). During the last 26 years the exports of Iran to India have decreased at an annualized rate of 1.08%, from $502M in 1995 to $379M in 2021.

Exports from India (Flag) to Iran (Flag) (2021)

Exports from Iran (Flag) to India (Flag) (2021)

Market Competitiveness

Color
India
Top Destination
United States$71.2B
Iran
Top Destination
China$5.94B

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

In 2021, countries that imported more from India than Iran were United States ($71.2B), United Arab Emirates ($25.4B), and China ($23.1B).

In 2021, countries that imported more from Iran than India were Armenia ($406M), Azerbaijan ($376M), and Pakistan ($614M).

Difference in imports from Iran (Flag) and India (Flag) (2021)

Comparative Advantage India - Iran

Flow
Scale

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

During 2021, India had a large net trade with Iran in the exports of Vegetable Products ($863M), Chemical Products ($185M), and Foodstuffs ($64.3M).

During 2021, Iran had a large net trade with India in the exports of Vegetable Products ($208M), Chemical Products ($92.4M), and Mineral Products ($62.2M).

Economic Complexity

Competitive Landscape

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

Product Space of India (Flag) and Iran (Flag) (2021)

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