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2022
Exports $133MWorld Rnk 99 / 214
Flag Rnk 22 / 1061
2022
Destination $9.62M Armenia
2021 - 2022
FASTEST GROWING MARKET $9.62MArmenia
2022
PRODUCT COMPLEXITY IN Refined Petroleum-0.87Rnk 795 / 1025
2022
Imports $84.7MWorld Rnk 180 / 225
Flag Rnk 72 / 1116
2022
Origin $16.4M China
2021 - 2022
FASTEST GROWING ORIGIN $16.4MChina
2022
ECONOMIC COMPLEXITY of Iran0.072Rnk 60 / 133

About

Exports In 2022, Iran exported $133M in Refined Petroleum, making it the 99th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 22nd most exported product in Iran. The main destination of Refined Petroleum exports from Iran are: Armenia ($53.8M), India ($22.9M), Pakistan ($20.7M), Turkey ($12.9M), and Burma ($6.31M).

The fastest growing export markets for Refined Petroleum of Iran between 2021 and 2022 were Armenia ($9.62M), Turkey ($3.58M), and Uzbekistan ($2.41M).

Imports In 2022, Iran imported $84.7M in Refined Petroleum, becoming the 180th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 72nd most imported product in Iran. Iran imports Refined Petroleum primarily from: China ($35.8M), United Arab Emirates ($29.7M), Germany ($3.9M), Turkey ($3.73M), and India ($2.48M).

The fastest growing import markets in Refined Petroleum for Iran between 2021 and 2022 were China ($16.4M), United Arab Emirates ($16M), and Germany ($1.22M).

Latest Trends

Oct 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 (2022)$133M
IMPORTS (2022)$84.7M
NET TRADE (2022)$48.4M

In 2022, Iran exported $133M in Refined Petroleum. The main destinations of Iran exports on Refined Petroleum were Armenia ($53.8M), India ($22.9M), Pakistan ($20.7M), Turkey ($12.9M), and Burma ($6.31M).

In 2022, Iran imported $84.7M in Refined Petroleum, mainly from China ($35.8M), United Arab Emirates ($29.7M), Germany ($3.9M), Turkey ($3.73M), and India ($2.48M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Iran WERE (2021 - 2022):
Armenia$9.62M (21.8%)
Turkey$3.58M (38.3%)
Uzbekistan$2.41M (134%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Iran WERE (2021 - 2022):
United Arab Emirates-$610M (-99.7%)
Afghanistan-$452M (-100%)
Iraq-$435M (-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 Refined Petroleum were:
United States $138B
India $86.2B
Netherlands $68.1B
In 2022, Iran's main importing competitors in Refined Petroleum were:
United States $81.7B
Singapore $58.5B
Netherlands $51.1B

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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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