Overview In 2020, Iran was the number 47 economy in the world in terms of GDP (current US$), the number 86 in total exports, the number 71 in total imports,
the number 149 economy in terms of GDP per capita (current US$) and the number 65 most complex economy according to the Economic Complexity Index (ECI).
Exports The top exports of Iran are Ethylene Polymers ($2.17B), Crude Petroleum ($1.18B), Other Nuts ($913M), Acyclic Alcohols ($832M), and Semi-Finished Iron ($595M), exporting mostly to China ($5.85B), Turkey ($1.16B), Pakistan ($352M), United Arab Emirates ($345M), and Germany ($302M).
Imports The top imports of Iran are Broadcasting Equipment ($2.23B), Corn ($1.09B), Rice ($885M), Motor vehicles; parts and accessories (8701 to 8705) ($625M), and Soybeans ($548M), importing mostly from China ($8.51B), United Arab Emirates ($4.53B), India ($2.24B), Turkey ($2.14B), and Germany ($1.68B).
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.