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Pricing

2022
Flag → Flag
Exports $72MRnk 113 / 224
2022
Flag → Flag
Top Product $15.1MOrthopedic Appliances
2022
Flag → Flag
Exports $35.9MRnk 30 / 127
2022
Flag → Flag
Top Product $9MOther Nuts
2022
Flag
Economic Complexity (ECI) ECI 1.38Rnk 12 / 124
2022
Flag
Economic Complexity (ECI) ECI 0.071Rnk 58 / 124
2022
Flag  
GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
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GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
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 GDP$389BCURRENT US$
Rnk 40 / 186
2012-2022
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GDP GROWTH-39.7%CURRENT US$
Rnk 183 / 186
2022
Flag
GDP PC $45,850CURRENT US$
Rnk 23 / 186
2012-2022
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GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186
2022
Flag
GDP PC$4,388CURRENT US$
Rnk 116 / 186
2012-2022
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GDP PC GROWTH-47.3%CURRENT US$
Rnk 183 / 186

About

United Kingdom-Iran In 2022, United Kingdom exported $72M to Iran. The main products that United Kingdom exported to Iran are Orthopedic Appliances ($15.1M), Other Plastic Products ($6.68M), and Combustion Engines ($4.83M). During the last 27 years the exports of United Kingdom to Iran have decreased at an annualized rate of 6.94%, from $501M in 1995 to $72M in 2022.

In 2009, United Kingdom exported services to Iran worth $485M, with Services not allocated ($331M), Travel ($98.6M), and Transportation ($32.3M) being the largest in terms of value.

Iran-United Kingdom In 2022, Iran exported $35.9M to United Kingdom. The main products that Iran exported to United Kingdom were Other Nuts ($9M), Knotted Carpets ($3.08M), and Tropical Fruits ($1.9M). During the last 27 years the exports of Iran to United Kingdom have decreased at an annualized rate of 5.74%, from $177M in 1995 to $35.9M in 2022.

In 2022, Iran did not export any services to United Kingdom.

Comparison In 2022,  United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.38), and 14 in total exports ($469B). That same year, Iran ranked 58 in the Economic Complexity Index (ECI 0.071), and 86 in total exports ($15.9B).

Latest Trends

January, 2024

About

Overview In January 2024, United Kingdom exported £3.08M and imported £939k from Iran, resulting in a positive trade balance of £2.14M. Between January 2023 and January 2024 the exports of United Kingdom have decreased by £-1.2M (-28.1%) from £4.29M to £3.08M, while imports decreased by £-554k (-37.1%) from £1.49M to £939k.

Trade In January 2024, the top exports of United Kingdom to Iran were Packaged Medicaments (£516k), Special Pharmaceuticals (£503k), Combustion Engines (£502k), Metalworking Machine Parts (£426k), and Interchangeable Tool Parts (£409k). In January 2024 the top imports of United Kingdom from Iran were Commodities not elsewhere specified (£487k), Other Nuts (£298k), Other Electrical Machinery (£137k), Tropical Fruits (£87.4k), and Crustaceans (£85.9k).

Origins In January 2024 the exports of United Kingdom were mainly from Dover Eurotunnel (£1.81M), London Heathrow Airport (£993k), London Gateway (£91.7k), Belfast International Airport (£79.4k), and Liverpool (£48.9k), while imports destinations were mainly London Heathrow Airport (£119k), London (£74.3k), and East Midlands Airport (£16k).

Growth In January 2024, the decrease in United Kingdom's year-by-year exports to Iran was explained primarily by an decrease in product exports in Sowing Seeds (£-272k or -91.8%), Laboratory Reagents (£-254k or -65.5%), and Electric Motors (£-169k or -81.1%). In January 2024, the decrease in United Kingdom's year-by-year imports  from Iran was explained primarily by an decrease in product imports  in Commodities not elsewhere specified (£-407k or -45.5%), Knotted Carpets (£-13k or -34.6%), and Citrus (£-9.67k or -88.5%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)£-1.2M(-28.1%)
IMPORT GROWTH (January 2023 - January 2024)£-554k(-37.1%)
MAIN EXPORTER (January 2024)Dover Eurotunnel£1.81M

This section shows exports and imports data at subnational level for United Kingdom. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United Kingdom over time.

To check Iran and United Kingdom trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Iran and United Kingdom Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Kingdom exported $72M to Iran. The main products exported from United Kingdom to Iran were Orthopedic Appliances ($15.1M), Other Plastic Products ($6.68M), and Combustion Engines ($4.83M). During the last 27 years the exports of United Kingdom to Iran have decreased at an annualized rate of 6.94%, from $501M in 1995 to $72M in 2022.

In 2022, Iran exported $35.9M to United Kingdom. The main products exported from Iran to United Kingdom were Other Nuts ($9M), Knotted Carpets ($3.08M), and Tropical Fruits ($1.9M). During the last 27 years the exports of Iran to United Kingdom have decreased at an annualized rate of 5.74%, from $177M in 1995 to $35.9M in 2022.

Exports from United Kingdom (Flag) to Iran (Flag) (2022)

Exports from Iran (Flag) to United Kingdom (Flag) (2022)

Market Competitiveness

Color
United Kingdom
Top DestinationUnited States$61.8B
Iran
Top DestinationChina$5.72B

This map shows whether countries import more from United Kingdom or Iran. Each country is colored based on the difference in imports they receive from United Kingdom and Iran or the difference in the growth in imports.

In 2021, countries that imported more from United Kingdom than Iran were United States ($61.8B), Netherlands ($41.9B), and Germany ($40.6B).

In 2021, countries that imported more from Iran than United Kingdom were Armenia ($557M), Uzbekistan ($271M), and Tajikistan ($115M).

Difference in imports from Iran (Flag) and United Kingdom (Flag) (2022)

Comparative Advantage United Kingdom - Iran

Flow
Scale

This chart compares trade between United Kingdom and Iran by product, considering products traded by both, United Kingdom and Iran.

During 2022, United Kingdom had a large net trade with Iran in the exports of Instruments ($18.8M), Machines ($18.6M), and Chemical Products ($17.9M).

During 2022, Iran had a large net trade with United Kingdom in the exports of Vegetable Products ($15.3M), Textiles ($5.06M), and Machines ($3.72M).

Service Trade

Bilateral Service Trade

In 2009, United Kingdom exported services to Iran worth $485M, with Services not allocated ($331M), Travel ($98.6M), and Transportation ($32.3M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from United Kingdom (Flag) to Iran (Flag) (2009)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more United Kingdom has comparative advantage over Iran. Similarly, the more yellow a dot/product is, the more Iran has comparative advantage over United Kingdom.

Product Space of United Kingdom (Flag) and Iran (Flag) (2022)

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