2022
Exports
$20.8MWorld Rnk 41 / 156
Flag Rnk 91 / 1061
2022
PRODUCT COMPLEXITY IN Iron Wire
-0.35Rnk 661 / 1025
2022
Imports
$3.91MWorld Rnk 136 / 216
Flag Rnk 516 / 1116
2022
ECONOMIC COMPLEXITY of Iran
0.072Rnk 60 / 133

About

Exports In 2022, Iran exported $20.8M in Iron Wire, making it the 41st largest exporter of Iron Wire in the world. At the same year, Iron Wire was the 91st most exported product in Iran. The main destination of Iron Wire exports from Iran are: Azerbaijan ($7.44M), Georgia ($3.98M), Armenia ($3.69M), Uzbekistan ($2.24M), and Oman ($1.91M).

The fastest growing export markets for Iron Wire of Iran between 2021 and 2022 were Azerbaijan ($3.68M), Oman ($1.7M), and Armenia ($833k).

Imports In 2022, Iran imported $3.91M in Iron Wire, becoming the 136th largest importer of Iron Wire in the world. At the same year, Iron Wire was the 516th most imported product in Iran. Iran imports Iron Wire primarily from: China ($3.88M), Turkey ($24.7k), Chinese Taipei ($11.2k), and India ($295).

The fastest growing import markets in Iron Wire for Iran between 2021 and 2022 were China ($683k).

Latest Trends

Jul 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 Wire. 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)$20.8M
IMPORTS (2022)$3.91M
NET TRADE (2022)$16.9M

In 2022, Iran exported $20.8M in Iron Wire. The main destinations of Iran exports on Iron Wire were Azerbaijan ($7.44M), Georgia ($3.98M), Armenia ($3.69M), Uzbekistan ($2.24M), and Oman ($1.91M).

In 2022, Iran imported $3.91M in Iron Wire, mainly from China ($3.88M), Turkey ($24.7k), Chinese Taipei ($11.2k), and India ($295).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Wire EXPORT MARKETS FOR Iran WERE (2021 - 2022):
Azerbaijan$3.68M (98%)
Oman$1.7M (802%)
Armenia$833k (29.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Wire BY Iran WERE (2021 - 2022):
Iraq-$26.1M (-100%)
Turkmenistan-$3.2M (-100%)
Afghanistan-$1.92M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iran's main exporting competitors in Iron Wire were:
In 2022, Iran's main importing competitors in Iron Wire were:

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Trade Value of Iron Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $763k
TOP IMPORT POTENTIALChina+ $2.16M

Iron Wire’s highest export potential is Turkey. With an export gap of $763k.   Iron Wire’s highest import potential is China with an import gap of $2.16M.

See methodology.

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