Iron Ore in Iran | The Observatory of Economic Complexity

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Exports In 2022, Iran exported $305M in Iron Ore, making it the 21st largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 12th most exported product in Iran. The main destination of Iron Ore exports from Iran are: China ($305M), Armenia ($229k), Germany ($47.9k), Turkey ($6.65k), and Oman ($4.36k).

The fastest growing export markets for Iron Ore of Iran between 2021 and 2022 were Germany ($47.9k), Armenia ($9.82k), and Oman ($4.36k).

Imports In 2022, Iran imported $366k in Iron Ore, becoming the 70th largest importer of Iron Ore in the world. At the same year, Iron Ore was the 825th most imported product in Iran. Iran imports Iron Ore primarily from: Turkey ($366k).

The fastest growing import markets in Iron Ore for Iran between 2021 and 2022 were Turkey ($252k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Iron Ore from Iran to the United States.

Latest Trends

Feb 2024

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

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Trade Value

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Year

EXPORTS (2022)$305M

IMPORTS (2022)$366k

NET TRADE (2022)$305M

In 2022, Iran exported $305M in Iron Ore. The main destinations of Iran exports on Iron Ore were China ($305M), Armenia ($229k), Germany ($47.9k), Turkey ($6.65k), and Oman ($4.36k).

In 2022, Iran imported $366k in Iron Ore, mainly from Turkey ($366k).

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