Iron Ore in Iran | The Observatory of Economic Complexity

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Exports In 2023, Iran exported $1.3B in Iron Ore, making it the 14th largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 2nd most exported product in Iran. The main destination of Iron Ore exports from Iran are: China ($1.3B), Armenia ($544k), Pakistan ($258k), United Arab Emirates ($774), and Switzerland ($162).

The fastest growing export markets for Iron Ore of Iran between 2022 and 2023 were China ($982M), Armenia ($416k), and Pakistan ($258k).

Imports In 2023, Iran imported $198k in Iron Ore, becoming the 67th largest importer of Iron Ore in the world. At the same year, Iron Ore was the 881st most imported product in Iran. Iran imports Iron Ore primarily from: Turkey ($197k) and Spain ($1.43k).

The fastest growing import markets in Iron Ore for Iran between 2022 and 2023 were Spain ($1.43k).

Latest Trends

Jan 2025

Subnational Monthly Trade

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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 Ore. 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

Trade Value

Growth

Growth (%)

Year

EXPORTS (2023)$1.3B

IMPORTS (2023)$198k

NET TRADE (2023)$1.3B

In 2023, Iran exported $1.3B in Iron Ore. The main destinations of Iran exports on Iron Ore were China ($1.3B), Armenia ($544k), Pakistan ($258k), United Arab Emirates ($774), and Switzerland ($162).

In 2023, Iran imported $198k in Iron Ore, mainly from Turkey ($197k) and Spain ($1.43k).

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