2022
Exports
$340kWorld Rnk 86 / 196
Flag Rnk 498 / 1061
2022
PRODUCT COMPLEXITY IN Stranded Iron Wire
0.15Rnk 505 / 1025
2022
Imports
$23.7MWorld Rnk 58 / 222
Flag Rnk 229 / 1116
2022
ECONOMIC COMPLEXITY of Iran
0.072Rnk 60 / 133

About

Exports In 2022, Iran exported $340k in Stranded Iron Wire, making it the 86th largest exporter of Stranded Iron Wire in the world. At the same year, Stranded Iron Wire was the 498th most exported product in Iran. The main destination of Stranded Iron Wire exports from Iran are: Azerbaijan ($180k), Italy ($73.3k), Georgia ($33.6k), Armenia ($25.2k), and Tajikistan ($12.2k).

The fastest growing export markets for Stranded Iron Wire of Iran between 2021 and 2022 were Azerbaijan ($156k), Italy ($69.2k), and Senegal ($8.94k).

Imports In 2022, Iran imported $23.7M in Stranded Iron Wire, becoming the 58th largest importer of Stranded Iron Wire in the world. At the same year, Stranded Iron Wire was the 229th most imported product in Iran. Iran imports Stranded Iron Wire primarily from: China ($21.1M), Turkey ($755k), Italy ($716k), Germany ($706k), and Switzerland ($326k).

The fastest growing import markets in Stranded Iron Wire for Iran between 2021 and 2022 were China ($4.43M), Switzerland ($288k), and Germany ($256k).

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 Stranded 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)$340k
IMPORTS (2022)$23.7M
NET TRADE (2022)-$23.4M

In 2022, Iran exported $340k in Stranded Iron Wire. The main destinations of Iran exports on Stranded Iron Wire were Azerbaijan ($180k), Italy ($73.3k), Georgia ($33.6k), Armenia ($25.2k), and Tajikistan ($12.2k).

In 2022, Iran imported $23.7M in Stranded Iron Wire, mainly from China ($21.1M), Turkey ($755k), Italy ($716k), Germany ($706k), and Switzerland ($326k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stranded Iron Wire EXPORT MARKETS FOR Iran WERE (2021 - 2022):
Azerbaijan$156k (655%)
Italy$69.2k (1.66k%)
Senegal$8.94k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stranded Iron Wire BY Iran WERE (2021 - 2022):
Iraq-$981k (-100%)
Afghanistan-$161k (-100%)
Uzbekistan-$120k (-99%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Stranded Iron Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $66.5k
TOP IMPORT POTENTIALChina+ $3.7M

Stranded Iron Wire’s highest export potential is Italy. With an export gap of $66.5k.   Stranded Iron Wire’s highest import potential is China with an import gap of $3.7M.

See methodology.

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