2022
Exports
$1.02BWorld Rnk 22 / 140
Flag Rnk 2 / 1061
2022
PRODUCT COMPLEXITY IN Refined Copper
-1.43Rnk 938 / 1025
2022
Imports
$238kWorld Rnk 108 / 184
Flag Rnk 867 / 1116
2022
ECONOMIC COMPLEXITY of Iran
0.072Rnk 60 / 133

About

Exports In 2022, Iran exported $1.02B in Refined Copper, making it the 22nd largest exporter of Refined Copper in the world. At the same year, Refined Copper was the 2nd most exported product in Iran. The main destination of Refined Copper exports from Iran are: China ($765M), Turkey ($247M), Georgia ($2.1M), Azerbaijan ($1.36M), and Chinese Taipei ($822k).

The fastest growing export markets for Refined Copper of Iran between 2021 and 2022 were Turkey ($20.7M), Georgia ($1.78M), and Azerbaijan ($767k).

Imports In 2022, Iran imported $238k in Refined Copper, becoming the 108th largest importer of Refined Copper in the world. At the same year, Refined Copper was the 867th most imported product in Iran. Iran imports Refined Copper primarily from: Italy ($174k), Turkey ($62.4k), Switzerland ($1.44k), and Indonesia ($298).

The fastest growing import markets in Refined Copper for Iran between 2021 and 2022 were Italy ($57.3k), Switzerland ($1.44k), and Indonesia ($298).

Latest Trends

Sep 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 Refined Copper. 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)$1.02B
IMPORTS (2022)$238k
NET TRADE (2022)$1.02B

In 2022, Iran exported $1.02B in Refined Copper. The main destinations of Iran exports on Refined Copper were China ($765M), Turkey ($247M), Georgia ($2.1M), Azerbaijan ($1.36M), and Chinese Taipei ($822k).

In 2022, Iran imported $238k in Refined Copper, mainly from Italy ($174k), Turkey ($62.4k), Switzerland ($1.44k), and Indonesia ($298).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Copper EXPORT MARKETS FOR Iran WERE (2021 - 2022):
Turkey$20.7M (9.15%)
Georgia$1.78M (544%)
Azerbaijan$767k (130%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Copper BY Iran WERE (2021 - 2022):
United Arab Emirates-$245M (-100%)
China-$119M (-13.5%)
India-$37.2M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iran's main exporting competitors in Refined Copper were:
In 2022, Iran's main importing competitors in Refined Copper were:

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Trade Value of Refined Copper by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $180M
TOP IMPORT POTENTIALTurkey+ $83k

Refined Copper’s highest export potential is China. With an export gap of $180M.   Refined Copper’s highest import potential is Turkey with an import gap of $83k.

See methodology.

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