Crude Petroleum in Iran

EXPORTS (2018): $43B, World Rnk 9 / 120
Flag Rnk 1 / 995

TOP DESTINATION (2018): $13.4B, China

FASTEST GROWING IN MARKET (2017 - 2018): $3.3B, India

IMPORTS (2016): $31.7k, World Rnk 116 / 146
Flag Rnk 1101 / 1150

TOP ORIGIN (2016): $27.4k, United Arab Emirates

FASTEST GROWING ORIGIN (2015 - 2016): $27.4k, United Arab Emirates

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

PRODUCT COMPLEXITY  IN Crude Petroleum (2018): -2.84, Rnk 1018 / 1018

Exports: In 2018, Iran exported $43B in Crude Petroleum, making it the 9th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1st most exported product in Iran. The main destination of Crude Petroleum exports from Iran are: China ($13.4B), India ($11.8B), South Korea ($3.49B), Japan ($2.97B), and Italy ($2.74B).

The fastest growing export markets for Crude Petroleum of Iran between 2017 and 2018 were India ($3.3B), China ($2.59B), and United Arab Emirates ($2.07B).

Imports: In 2016, Iran imported $31.7k in Crude Petroleum, becoming the 116th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1101st most imported product in Iran. Iran imports Crude Petroleum primarily from: United Arab Emirates ($27.4k) and Spain ($4.32k).

The fastest growing import markets in Crude Petroleum for Iran between 2015 and 2016 were United Arab Emirates ($27.4k).

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

Value

EXPORTS (2018): $43B

IMPORTS (2016): $31.7k

NET TRADE (2018): $43B

In 2018, Iran exported $43B in Crude Petroleum. The main destinations of Iran exports on Crude Petroleum were China ($13.4B), India ($11.8B), South Korea ($3.49B), Japan ($2.97B), and Italy ($2.74B).

In 2016, Iran imported $31.7k in Crude Petroleum, mainly from United Arab Emirates ($27.4k) and Spain ($4.32k).

IN 2018, Iran HAD A POSITIVE NET TRADE IN Crude Petroleum WITH:

  • China, $13.4B ($13.4B - $0)
  • India, $11.8B ($11.8B - $0)
  • South Korea, $3.49B ($3.49B - $0)
Flow

THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Iran WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Iran WERE (2017 - 2018):

Market Concentration

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Flow
Type

In 2018, Iran's main exporting competitors in Crude Petroleum were:

In 2018, Iran's main importing competitors in Crude Petroleum were:

Trade Forecasts

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

Explore Forecasts

Tariffs by Country

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In 2011, the average tariff for Iran in Crude Petroleum was 4%.

The countries with the highest tariffs for Crude Petroleum in Iran were Angola (4%), Burundi (4%), Benin (4%), Burkina Faso (4%), and Botswana (4%).

Explore Tariff Data