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2022
Exports $132MWorld Rnk 47 / 129
Flag Rnk 23 / 1061
2022
Destination $10.8M Turkey
2021 - 2022
FASTEST GROWING MARKET $10.8MTurkey
2022
PRODUCT COMPLEXITY IN Ferroalloys-1.24Rnk 892 / 1025
2022
Imports $17.7MWorld Rnk 74 / 172
Flag Rnk 270 / 1116
2022
Origin $7.92M China
2021 - 2022
FASTEST GROWING ORIGIN $7.92MChina
2022
ECONOMIC COMPLEXITY of Iran0.072Rnk 60 / 133

About

Exports In 2022, Iran exported $132M in Ferroalloys, making it the 47th largest exporter of Ferroalloys in the world. At the same year, Ferroalloys was the 23rd most exported product in Iran. The main destination of Ferroalloys exports from Iran are: Turkey ($52.5M), Netherlands ($17.1M), Armenia ($10.7M), Bulgaria ($9.97M), and Czechia ($8.47M).

The fastest growing export markets for Ferroalloys of Iran between 2021 and 2022 were Turkey ($10.8M), Netherlands ($6M), and Poland ($5.07M).

Imports In 2022, Iran imported $17.7M in Ferroalloys, becoming the 74th largest importer of Ferroalloys in the world. At the same year, Ferroalloys was the 270th most imported product in Iran. Iran imports Ferroalloys primarily from: China ($11.5M), Oman ($1.67M), United Arab Emirates ($1.52M), Thailand ($1.06M), and Turkey ($988k).

The fastest growing import markets in Ferroalloys for Iran between 2021 and 2022 were China ($7.92M) and Armenia ($60.5k).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Ferroalloys. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$132M
IMPORTS (2022)$17.7M
NET TRADE (2022)$114M

In 2022, Iran exported $132M in Ferroalloys. The main destinations of Iran exports on Ferroalloys were Turkey ($52.5M), Netherlands ($17.1M), Armenia ($10.7M), Bulgaria ($9.97M), and Czechia ($8.47M).

In 2022, Iran imported $17.7M in Ferroalloys, mainly from China ($11.5M), Oman ($1.67M), United Arab Emirates ($1.52M), Thailand ($1.06M), and Turkey ($988k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ferroalloys EXPORT MARKETS FOR Iran WERE (2021 - 2022):
Turkey$10.8M (25.9%)
Netherlands$6M (54.1%)
Poland$5.07M (611%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ferroalloys BY Iran WERE (2021 - 2022):
China-$8.12M (-100%)
Belgium-$8.1M (-61.3%)
Russia-$7.07M (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iran's main exporting competitors in Ferroalloys were:
Indonesia $13.7B
South Africa $4.4B
Brazil $4.24B
In 2022, Iran's main importing competitors in Ferroalloys were:
China $19.9B
United States $4.85B
Japan $3.5B

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Trade Value of Ferroalloys by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $12.7M
TOP IMPORT POTENTIALChina+ $2.92M

Ferroalloys’s highest export potential is Turkey. With an export gap of $12.7M.   Ferroalloys’s highest import potential is China with an import gap of $2.92M.

See methodology.

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