Overview: In 2018 Iran was the number 48 in total exports, the number 51 in total imports, and the number 67 most complex economy according to the Economic Complexity Index (ECI). In 2018, Iran exported $62.6B and imported $50.4B, resulting in a positive trade balance of $12.2B. In 2018, Iran's exports per capita were $766 and its imports per capita were $617.
Trade: The top exports of Iran are Crude Petroleum ($43B), Ethylene Polymers ($2.66B), Semi-Finished Iron ($1.65B), Acyclic Alcohols ($1.65B), and Refined Petroleum ($1.42B). The top imports of Iran are Cars ($3.47B), Corn ($1.67B), Rice ($1.4B), Vehicle Parts ($1.34B), and Soybeans ($951M).
Destinations: Iran exports mostly to China ($18.9B), India ($13.4B), United Arab Emirates ($4.73B), South Korea ($3.64B), and Italy ($3.14B), and imports mostly from China ($14B), United Arab Emirates ($9.11B), Germany ($3B), India ($2.84B), and South Korea ($2.29B).
Location: Iran borders Afghanistan, Armenia, Azerbaijan, Iraq, Pakistan, Turkey, and Turkmenistan by land and Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and United Arab Emirates by sea.