2023
Exports
$204MWorld Rnk 92 / 214
Flag Rnk 13 / 1049
2023
PRODUCT COMPLEXITY IN Refined Petroleum
-0.94Rnk 813 / 1025
2023
Imports
$66.6MWorld Rnk 185 / 226
Flag Rnk 84 / 1101
2023
ECONOMIC COMPLEXITY of Iran
0.084Rnk 58 / 132

About

Exports In 2023, Iran exported $204M in Refined Petroleum, making it the 92nd largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 13th most exported product in Iran. The main destination of Refined Petroleum exports from Iran are: Pakistan ($122M), Armenia ($44.1M), Turkey ($8.9M), Burma ($6.51M), and India ($6.22M).

The fastest growing export markets for Refined Petroleum of Iran between 2022 and 2023 were Pakistan ($99.4M), Uzbekistan ($457k), and Kazakhstan ($192k).

Imports In 2023, Iran imported $66.6M in Refined Petroleum, becoming the 185th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 84th most imported product in Iran. Iran imports Refined Petroleum primarily from: China ($29.1M), United Arab Emirates ($18.2M), Turkey ($6.25M), India ($4.17M), and Germany ($3.72M).

The fastest growing import markets in Refined Petroleum for Iran between 2022 and 2023 were China ($11.6M), Turkey ($2.55M), and India ($1.13M).

Latest Trends

Dec 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 Petroleum. 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 (2023)$204M
IMPORTS (2023)$66.6M
NET TRADE (2023)$138M

In 2023, Iran exported $204M in Refined Petroleum. The main destinations of Iran exports on Refined Petroleum were Pakistan ($122M), Armenia ($44.1M), Turkey ($8.9M), Burma ($6.51M), and India ($6.22M).

In 2023, Iran imported $66.6M in Refined Petroleum, mainly from China ($29.1M), United Arab Emirates ($18.2M), Turkey ($6.25M), India ($4.17M), and Germany ($3.72M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Iran WERE (2022 - 2023):
Pakistan$99.4M (443%)
Uzbekistan$457k (9.96%)
Kazakhstan$192k (249%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Iran WERE (2022 - 2023):
Afghanistan-$383M (-100%)
Iraq-$144M (-100%)
Singapore-$124M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Iran's main exporting competitors in Refined Petroleum were:
In 2023, Iran's main importing competitors in Refined Petroleum were:

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Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $29.4M
TOP IMPORT POTENTIALChina+ $28.2M

Refined Petroleum’s highest export potential is India. With an export gap of $29.4M.   Refined Petroleum’s highest import potential is China with an import gap of $28.2M.

See methodology.

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