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2022
Exports $65.6MWorld Rnk 84 / 223
Flag Rnk 28 / 96
2022
Destination $5.74M Germany
2021 - 2022
FASTEST GROWING MARKET $5.74MItaly
2022
PRODUCT COMPLEXITY IN Pharmaceutical products1.38Rnk 75 / 1025
2022
Imports $788MWorld Rnk 73 / 226
Flag Rnk 11 / 96
2022
Origin $9.84M Germany
2021 - 2022
FASTEST GROWING ORIGIN $9.84MBulgaria
2022
ECONOMIC COMPLEXITY of Iran0.072Rnk 60 / 133

About

Exports In 2022, Iran exported $65.6M in Pharmaceutical products, making it the 84th largest exporter of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 28th most exported product in Iran. The main destination of Pharmaceutical products exports from Iran are: Germany ($21.9M), Italy ($11.7M), Kazakhstan ($4.57M), Turkey ($3.58M), and Lebanon ($3.42M).

The fastest growing export markets for Pharmaceutical products of Iran between 2021 and 2022 were Italy ($5.74M), Slovakia ($3.19M), and Kazakhstan ($3.15M).

Imports In 2022, Iran imported $788M in Pharmaceutical products, becoming the 73rd largest importer of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 11th most imported product in Iran. Iran imports Pharmaceutical products primarily from: Germany ($199M), Turkey ($84M), Switzerland ($77M), France ($61.9M), and China ($41.6M).

The fastest growing import markets in Pharmaceutical products for Iran between 2021 and 2022 were Bulgaria ($9.84M), Switzerland ($9.22M), and Ireland ($5.74M).

Latest Trends

Aug 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 Pharmaceutical products. 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)$65.6M
IMPORTS (2022)$788M
NET TRADE (2022)-$722M

In 2022, Iran exported $65.6M in Pharmaceutical products. The main destinations of Iran exports on Pharmaceutical products were Germany ($21.9M), Italy ($11.7M), Kazakhstan ($4.57M), Turkey ($3.58M), and Lebanon ($3.42M).

In 2022, Iran imported $788M in Pharmaceutical products, mainly from Germany ($199M), Turkey ($84M), Switzerland ($77M), France ($61.9M), and China ($41.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pharmaceutical products EXPORT MARKETS FOR Iran WERE (2021 - 2022):
Italy$5.74M (96.3%)
Slovakia$3.19M (1%)
Kazakhstan$3.15M (221%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pharmaceutical products BY Iran WERE (2021 - 2022):
Germany-$14.1M (-39.2%)
Afghanistan-$12.7M (-100%)
Syria-$12.4M (-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 Pharmaceutical products were:
Germany $125B
Switzerland $93.8B
United States $90B
In 2022, Iran's main importing competitors in Pharmaceutical products were:
United States $168B
Germany $71.1B
Switzerland $48.5B

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Trade Value of Pharmaceutical products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $15.2M
TOP IMPORT POTENTIALGermany+ $100M

Pharmaceutical products’s highest export potential is Germany. With an export gap of $15.2M.   Pharmaceutical products’s highest import potential is Germany with an import gap of $100M.

See methodology.

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