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2022
Exports $76.9MWorld Rnk 3 / 114
Flag Rnk 32 / 1061
falsefalse Jordan
2021 - 2022
FASTEST GROWING MARKETfalseJordan
2022
PRODUCT COMPLEXITY IN Iron Ingots-1.39Rnk 930 / 1025
2022
Imports $1.06MWorld Rnk 52 / 172
Flag Rnk 702 / 1116
2021 - 2022
FASTEST GROWING ORIGINfalsefalse
2022
ECONOMIC COMPLEXITY of Iran0.072Rnk 60 / 133

About

Exports In 2022, Iran exported $76.9M in Iron Ingots, making it the 3rd largest exporter of Iron Ingots in the world. At the same year, Iron Ingots was the 32nd most exported product in Iran. The main destination of Iron Ingots exports from Iran are: Jordan ($69.4M), Georgia ($4.57M), Turkey ($2.72M), Uzbekistan ($201k), and United Arab Emirates ($58.7k).

The fastest growing export markets for Iron Ingots of Iran between 2021 and 2022 were Jordan ($69.4M) and Georgia ($4.25M).

Imports In 2022, Iran imported $1.06M in Iron Ingots, becoming the 52nd largest importer of Iron Ingots in the world. At the same year, Iron Ingots was the 702nd most imported product in Iran. Iran imports Iron Ingots primarily from: Armenia ($981k) and Turkey ($79.4k).

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 Iron Ingots. 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)$76.9M
IMPORTS (2022)$1.06M
NET TRADE (2022)$75.9M

In 2022, Iran exported $76.9M in Iron Ingots. The main destinations of Iran exports on Iron Ingots were Jordan ($69.4M), Georgia ($4.57M), Turkey ($2.72M), Uzbekistan ($201k), and United Arab Emirates ($58.7k).

In 2022, Iran imported $1.06M in Iron Ingots, mainly from Armenia ($981k) and Turkey ($79.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Ingots EXPORT MARKETS FOR Iran WERE (2021 - 2022):
Jordan$69.4M (1%)
Georgia$4.25M (1.33k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ingots BY Iran WERE (2021 - 2022):
China-$851M (-100%)
Ghana-$220M (-100%)
Thailand-$204M (-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 Iron Ingots were:
India $189M
China $107M
In 2022, Iran's main importing competitors in Iron Ingots were:
Italy $188M
Guatemala $85.4M
Jordan $69.5M

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Trade Value of Iron Ingots by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $835k
TOP IMPORT POTENTIALTurkey+ $15.5k

Iron Ingots’s highest export potential is Turkey. With an export gap of $835k.   Iron Ingots’s highest import potential is Turkey with an import gap of $15.5k.

See methodology.

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