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2021
Flag → Flag
Exports $579MRnk 43 / 0
2021
Flag → Flag
Exports $1.47BRnk 19 / 0
2022
Flag
Economic Complexity (ECI) ECI 0.072Rnk 60 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.43Rnk 47 / 133
2022
Flag  
GDP$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH-39.7%CURRENT US$
Rnk 183 / 186
2022
Flag
 GDP$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP GROWTH1.45%CURRENT US$
Rnk 164 / 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$15,345CURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP PC GROWTH-0.49%CURRENT US$
Rnk 145 / 186

About

Iran-Russia Trade: In 2021, Iran exported $579M to Russia. The main products that Iran exported to Russia were N/A. Over the past 5 years the exports of Iran to Russia have increased at an annualized rate of 12.7%, from $318M in 2016 to $579M in 2021.

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

Russia-Iran Trade: In 2021, Russia exported $1.47B to Iran. The main products that Russia exported to Iran were N/A. Over the past 5 years the exports of Russia to Iran have decreased at an annualized rate of 8.4%,  from $2.73B in 2016 to $1.47B in 2021.

In 2017, Russia exported services to Iran worth $138M, with Other business services ($73.4M), Travel ($30.1M), and Transportation ($22.8M) 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, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Iran exported $579M to Russia. There were not main exports from Iran to Russia in 2021. During the last 5 years the exports of Iran to Russia have increased at an annualized rate of 12.7%, from $318M in 2016 to $579M in 2021.

In 2016, Russia exported $1.47B to Iran. There were not main exports from Russia to Iran in 2016. During the last 5 years the exports of Russia to Iran have decreased at an annualized rate of 8.4%, from $2.73B in 2021 to $1.47B in 2016.

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

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

Latest Data

Trade between Iran (Flag) and Russia (Flag)

Russia Exports

Market Competitiveness

Color
Iran
Top DestinationChina$5.72B
Russia
Top DestinationChina$101B

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

In 2022, countries that imported more from Iran than Russia included Kuwait ($960M), Pakistan ($762M), and French Polynesia ($183k).

In 2022, countries that imported more from Russia than Iran included China ($101B), India ($40.4B), and Germany ($27.7B).

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

Comparative Advantage Iran - Russia

Flow
Scale

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

During 2021, Iran had a large net trade with Russia in the exports of .

During 2016, Russia had a large net trade with Iran in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iran Russia+$6.9kEthylene Polymers
Top Product Potential Russia Iran+$7.51kRefined Petroleum

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

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

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