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2022
Flag → Flag
Exports $25.3MRnk 34 / 127
2022
Flag → Flag
Top Product $6.01MOther Nuts
2022
Flag → Flag
Exports $280MRnk 56 / 215
2022
Flag → Flag
Top Product $269MSoybeans
2022
Flag
Economic Complexity (ECI) ECI 0.072Rnk 60 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.92Rnk 31 / 133
2022
Flag  
GDP$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH-39.7%CURRENT US$
Rnk 183 / 186
2022
Flag
 GDP$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH17%CURRENT US$
Rnk 129 / 186
2022
Flag
GDP PC $4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH-47.3%CURRENT US$
Rnk 183 / 186
2022
Flag
GDP PC$54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH4.36%CURRENT US$
Rnk 130 / 186

About

Iran-Canada Trade: In 2022, Iran exported $25.3M to Canada. The main products that Iran exported to Canada were Other Nuts ($6.01M), Tropical Fruits ($3.99M), and Grapes ($1.87M). Over the past 5 years the exports of Iran to Canada have decreased at an annualized rate of 18.8%, from $71.6M in 2017 to $25.3M in 2022.

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

Canada-Iran Trade: In 2022, Canada exported $280M to Iran. The main products that Canada exported to Iran were Soybeans ($269M), Other Inedible Animal Products ($3.68M), and Other Plastic Products ($1.35M). Over the past 5 years the exports of Canada to Iran have increased at an annualized rate of 16%,  from $133M in 2017 to $280M in 2022.

In 2020, Canada exported services to Iran worth $283M, with Travel ($283M) being the largest in terms of value.

Comparison: In 2022,  Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B). That same year, Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Iran exported $25.3M to Canada. The main products exported from Iran to Canada were Other Nuts ($6.01M), Tropical Fruits ($3.99M), and Grapes ($1.87M). During the last 5 years the exports of Iran to Canada have decreased at an annualized rate of 18.8%, from $71.6M in 2017 to $25.3M in 2022.

In 2017, Canada exported $280M to Iran. The main products exported from Canada to Iran were Soybeans ($269M), Other Inedible Animal Products ($3.68M), and Other Plastic Products ($1.35M). During the last 5 years the exports of Canada to Iran have increased at an annualized rate of 16%, from $133M in 2022 to $280M in 2017.

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

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

Latest Data

Trade between Iran (Flag) and Canada (Flag)

Canada Exports

Market Competitiveness

Color
Iran
Top DestinationChina$5.72B
Canada
Top DestinationUnited States$438B

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

In 2022, countries that imported more from Iran than Canada included Turkey ($3.17B), Kuwait ($960M), and Armenia ($557M).

In 2022, countries that imported more from Canada than Iran included United States ($438B), China ($25.4B), and Japan ($14.3B).

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

Comparative Advantage Iran - Canada

Flow
Scale

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

During 2022, Iran had a large net trade with Canada in the exports of Vegetable Products ($15.1M), Foodstuffs ($3.5M), and Machines ($1.85M).

During 2017, Canada had a large net trade with Iran in the exports of Vegetable Products ($269M), Animal Products ($4.06M), and Chemical Products ($2.72M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iran Canada+$3.83MOther Nuts
Top Product Potential Canada Iran+$2MPackaged Medicaments

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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Bilateral Service Trade

In 2020, Canada exported services to Iran worth $283M, with Travel ($283M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Canada (Flag) to Iran (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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