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Pricing

2022
Flag → Flag
Exports $580MRnk 79 / 221
2022
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Top Product $27.8MVaccines, blood, antisera, toxins and cultures
2022
Flag → Flag
Exports $160MRnk 15 / 127
2022
Flag → Flag
Top Product $27.1MOther Cast Iron Products
2022
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Economic Complexity (ECI) ECI 1.24Rnk 18 / 124
2022
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Economic Complexity (ECI) ECI 0.071Rnk 58 / 124
2022
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GDP$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
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GDP GROWTH-3.67%CURRENT US$
Rnk 169 / 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 $34,158CURRENT US$
Rnk 30 / 186
2012-2022
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GDP PC GROWTH-2.55%CURRENT US$
Rnk 148 / 186
2022
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GDP PC$4,388CURRENT US$
Rnk 116 / 186
2012-2022
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GDP PC GROWTH-47.3%CURRENT US$
Rnk 183 / 186

About

Italy-Iran In 2022, Italy exported $580M to Iran. The main products that Italy exported to Iran are Vaccines, blood, antisera, toxins and cultures ($27.8M), Washing and Bottling Machines ($20.8M), and Valves ($18.9M). During the last 27 years the exports of Italy to Iran have increased at an annualized rate of 0.56%, from $499M in 1995 to $580M in 2022.

In 2009, Italy exported services to Iran worth $321M, with Services not allocated ($161M), Other business services ($60.7M), and Travel ($41.9M) being the largest in terms of value.

Iran-Italy In 2022, Iran exported $160M to Italy. The main products that Iran exported to Italy were Other Cast Iron Products ($27.1M), Ethylene Polymers ($19.4M), and Other Nuts ($16.8M). During the last 27 years the exports of Iran to Italy have decreased at an annualized rate of 8.08%, from $1.56B in 1995 to $160M in 2022.

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

Comparison In 2022,  Italy ranked 18 in the Economic Complexity Index (ECI 1.24), and 7 in total exports ($634B). That same year, Iran ranked 58 in the Economic Complexity Index (ECI 0.071), and 86 in total exports ($15.9B).

Latest Trends

December, 2023

About

Overview In December 2023, Italy exported €38.3M and imported €2.03M from Iran, resulting in a positive trade balance of €36.3M. Between December 2022 and December 2023 the exports of Italy have decreased by €-1.5M (-3.76%) from €39.8M to €38.3M, while imports decreased by €-2.78M (-57.9%) from €4.81M to €2.03M.

Trade In December 2023, the top exports of Italy to Iran were Vaccines, blood, antisera, toxins and cultures (€3.06M), Excavation Machinery (€2.73M), Valves (€2.19M), Air Pumps (€1.36M), and Gas Turbines (€1.22M). In December 2023 the top imports of Italy from Iran were Other Cast Iron Products (€3.59M), Processed Tomatoes (€1.27M), Frozen Vegetables (€1.2M), Vaccines, blood, antisera, toxins and cultures (€1.09M), and Other Vegetables (€79.4k).

Growth In December 2023, the decrease in Italy's year-by-year exports to Iran was explained primarily by an decrease in product exports in . In December 2023, the decrease in Italy's year-by-year imports  from Iran was explained primarily by an decrease in product imports  in Iron Stovetops (€-5.65k or -12.5%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (December 2022 - December 2023)€-1.5M(-3.76%)
IMPORT GROWTH (December 2022 - December 2023)€-2.78M(-57.9%)

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

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

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $580M to Iran. The main products exported from Italy to Iran were Vaccines, blood, antisera, toxins and cultures ($27.8M), Washing and Bottling Machines ($20.8M), and Valves ($18.9M). During the last 27 years the exports of Italy to Iran have increased at an annualized rate of 0.56%, from $499M in 1995 to $580M in 2022.

In 2022, Iran exported $160M to Italy. The main products exported from Iran to Italy were Other Cast Iron Products ($27.1M), Ethylene Polymers ($19.4M), and Other Nuts ($16.8M). During the last 27 years the exports of Iran to Italy have decreased at an annualized rate of 8.08%, from $1.56B in 1995 to $160M in 2022.

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

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

Market Competitiveness

Color
Italy
Top DestinationGermany$78.5B
Iran
Top DestinationChina$5.72B

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

In 2021, countries that imported more from Italy than Iran were Germany ($78.5B), United States ($68.2B), and France ($63.8B).

In 2021, countries that imported more from Iran than Italy were Armenia ($557M), Azerbaijan ($454M), and Pakistan ($762M).

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

Comparative Advantage Italy - Iran

Flow
Scale

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

During 2022, Italy had a large net trade with Iran in the exports of Machines ($298M), Chemical Products ($118M), and Instruments ($38.3M).

During 2022, Iran had a large net trade with Italy in the exports of Metals ($44.8M), Vegetable Products ($33M), and Plastics and Rubbers ($30.5M).

Service Trade

Bilateral Service Trade

In 2009, Italy exported services to Iran worth $321M, with Services not allocated ($161M), Other business services ($60.7M), and Travel ($41.9M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Italy (Flag) to Iran (Flag) (2009)

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 Italy has comparative advantage over Iran. Similarly, the more yellow a dot/product is, the more Iran has comparative advantage over Italy.

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

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