Hot-Rolled Iron in Iran

EXPORTS (2018): $403M, World Rnk 31 / 128
Flag Rnk 12 / 995

TOP DESTINATION (2018): $227M, United Arab Emirates

FASTEST GROWING MARKET (2017 - 2018): $227M, United Arab Emirates

IMPORTS (2018): $130M, World Rnk 58 / 205
Flag Rnk 89 / 1136

TOP ORIGIN (2018): $59.3M, Russia

FASTEST GROWING ORIGIN (2017 - 2018): $8.64M, United Arab Emirates

ECONOMIC COMPLEXITY of Iran (2018): -0.046, Rnk 67 / 137

PRODUCT COMPLEXITY  IN Hot-Rolled Iron (2018): 0.4, Rnk 414 / 1018

Overview: This page contains the latest trade data of Hot-Rolled Iron in Iran.

Exports: In 2018, Iran exported $403M in Hot-Rolled Iron, making it the 31st largest exporter of Hot-Rolled Iron in the world. At the same year, Hot-Rolled Iron was the 12th most exported product in Iran. The main destination of Hot-Rolled Iron exports from Iran are: United Arab Emirates ($227M), Oman ($66.1M), Thailand ($32M), Italy ($28.1M), and Belgium-Luxembourg ($19.3M).

The fastest growing export markets for Hot-Rolled Iron of Iran between 2017 and 2018 were United Arab Emirates ($227M), Oman ($35.9M), and Thailand ($32M).

Imports: In 2018, Iran imported $130M in Hot-Rolled Iron, becoming the 58th largest importer of Hot-Rolled Iron in the world. At the same year, Hot-Rolled Iron was the 89th most imported product in Iran. Iran imports Hot-Rolled Iron primarily from: Russia ($59.3M), Kazakhstan ($42.7M), United Arab Emirates ($8.64M), Belgium-Luxembourg ($8.61M), and South Korea ($6.29M).

The fastest growing import markets in Hot-Rolled Iron for Iran between 2017 and 2018 were United Arab Emirates ($8.64M), Belgium-Luxembourg ($8.11M), and Slovenia ($214k).

Tariffs: In 2011, the average tariff for Iran in Hot-Rolled Iron was 4%. The countries with the highest import tariffs for Hot-Rolled Iron were Angola (4%), Burundi (4%), Benin (4%), Burkina Faso (4%), and Botswana (4%).

Value

EXPORTS (2018): $403M

IMPORTS (2018): $130M

NET TRADE (2018): $274M

In 2018, Iran exported $403M in Hot-Rolled Iron. The main destinations of Iran exports on Hot-Rolled Iron were United Arab Emirates ($227M), Oman ($66.1M), Thailand ($32M), Italy ($28.1M), and Belgium-Luxembourg ($19.3M).

In 2018, Iran imported $130M in Hot-Rolled Iron, mainly from Russia ($59.3M), Kazakhstan ($42.7M), United Arab Emirates ($8.64M), Belgium-Luxembourg ($8.61M), and South Korea ($6.29M).

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IN 2018, Iran HAD A POSITIVE NET TRADE IN Hot-Rolled Iron WITH:

  • United Arab Emirates, $218M ($227M - $8.64M)
  • Oman, $66.1M ($66.1M - $0)
  • Thailand, $32M ($32M - $0)

IN 2018, Iran HAD A NEGATIVE NET TRADE IN Hot-Rolled Iron WITH:

  • Russia, -$59.3M ($1.75k - $59.3M)
  • Kazakhstan, -$42.7M ($0 - $42.7M)
  • South Korea, -$6.29M ($0 - $6.29M)
Flow

THE FASTEST GROWING Hot-Rolled Iron EXPORT MARKETS FOR Iran WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hot-Rolled Iron BY Iran WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, Iran's main exporting competitors in Hot-Rolled Iron were:

In 2018, Iran's main importing competitors in Hot-Rolled Iron were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Hot-Rolled Iron in Iran. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2011, the average tariff for Iran in Hot-Rolled Iron was 4%.

The countries with the highest tariffs for Hot-Rolled Iron in Iran were Angola (4%), Burundi (4%), Benin (4%), Burkina Faso (4%), and Botswana (4%).

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