2022
Flag  
GDP
$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH
-39.7%CURRENT US$
Rnk 183 / 186
2022
Flag
 GDP
$1.32TCURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP GROWTH
43.7%CURRENT US$
Rnk 79 / 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
$4,788CURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP PC GROWTH
30.5%CURRENT US$
Rnk 62 / 186

About

Iran-Indonesia Trade: In 2022, Iran exported $13.2M to Indonesia. The main products that Iran exported to Indonesia were Tropical Fruits ($4.48M), Carbonates ($3.26M), and Petroleum Coke ($2M). Over the past 5 years the exports of Iran to Indonesia have decreased at an annualized rate of 53.9%, from $638M in 2017 to $13.2M in 2022.

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

Indonesia-Iran Trade: In 2022, Indonesia exported $243M to Iran. The main products that Indonesia exported to Iran were Other Nuts ($98.1M), Motorcycles and cycles ($29.8M), and Stearic Acid ($28.7M). Over the past 5 years the exports of Indonesia to Iran have decreased at an annualized rate of 6.36%,  from $337M in 2017 to $243M in 2022.

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

Comparison: In 2022,  Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B). That same year, Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Iran exported $13.2M to Indonesia. The main products exported from Iran to Indonesia were Tropical Fruits ($4.48M), Carbonates ($3.26M), and Petroleum Coke ($2M). During the last 5 years the exports of Iran to Indonesia have decreased at an annualized rate of 53.9%, from $638M in 2017 to $13.2M in 2022.

In 2017, Indonesia exported $243M to Iran. The main products exported from Indonesia to Iran were Other Nuts ($98.1M), Motorcycles and cycles ($29.8M), and Stearic Acid ($28.7M). During the last 5 years the exports of Indonesia to Iran have decreased at an annualized rate of 6.36%, from $337M in 2022 to $243M in 2017.

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

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

Latest Data

Trade between Iran (Flag) and Indonesia (Flag)

Indonesia Exports

Market Competitiveness

Color
Iran
Top Destination
China$5.72B
Indonesia
Top Destination
China$67.7B

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

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

In 2022, countries that imported more from Indonesia than Iran included China ($67.7B), United States ($31.6B), and Japan ($26.6B).

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

Comparative Advantage Iran - Indonesia

Flow
Scale

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

During 2022, Iran had a large net trade with Indonesia in the exports of Vegetable Products ($4.95M), Chemical Products ($4.45M), and Mineral Products ($2.49M).

During 2017, Indonesia had a large net trade with Iran in the exports of Vegetable Products ($106M), Animal and Vegetable Bi-Products ($46.5M), and Transportation ($42.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iran Indonesia+$2.69MPetroleum Coke
Top Product Potential Indonesia Iran+$5.31MIndustrial Fatty Acids, Oils and Alcohols

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

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

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