Iran (IRN) and Australia (AUS) Trade | The Observatory of Economic Complexity

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Iran-Australia Trade: In 2023, Iran exported $19.6M to Australia. The main products that Iran exported to Australia were Tropical Fruits ($3.32M), Building Stone ($1.53M), and Other Nuts ($1.51M). Over the past 5 years the exports of Iran to Australia have decreased at an annualized rate of 17.5%, from $51.3M in 2018 to $19.6M in 2023.

In 2023, Iran did not export any services to Australia.

Australia-Iran Trade: In 2023, Australia exported $52M to Iran. The main products that Australia exported to Iran were Sheep and Goat Meat ($42.4M), Live Fish ($3.65M), and Vaccines, blood, antisera, toxins and cultures ($1.74M). Over the past 5 years the exports of Australia to Iran have decreased at an annualized rate of 19.9%, from $158M in 2018 to $52M in 2023.

In 2023, Australia did not export any services to Iran.

Comparison: In 2023, Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B). That same year, Australia ranked 75 in the Economic Complexity Index (ECI -0.28), and 20 in total exports ($374B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Iran exported $19.6M to Australia. The main products exported from Iran to Australia were Tropical Fruits ($3.32M), Building Stone ($1.53M), and Other Nuts ($1.51M). During the last 5 years the exports of Iran to Australia have decreased at an annualized rate of 17.5%, from $51.3M in 2018 to $19.6M in 2023.

In 2018, Australia exported $52M to Iran. The main products exported from Australia to Iran were Sheep and Goat Meat ($42.4M), Live Fish ($3.65M), and Vaccines, blood, antisera, toxins and cultures ($1.74M). During the last 5 years the exports of Australia to Iran have decreased at an annualized rate of 19.9%, from $158M in 2023 to $52M in 2018.

Exports from Iran () to Australia () (2023)

Exports from Australia () to Iran () (2023)

Latest Data

Trade between Iran () and Australia ()

Australia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Iran
Top DestinationChina$4.59B

Australia
Top DestinationChina$137B

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

In 2023, countries that imported more from Iran than Australia included Turkey ($2.18B), Armenia ($597M), and Azerbaijan ($473M).

In 2023, countries that imported more from Australia than Iran included China ($137B), Japan ($59B), and South Korea ($20.9B).

Difference in imports from Australia () and Iran () (2023)

Comparative Advantage Iran - Australia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Iran had a large net trade with Australia in the exports of Vegetable Products ($7.68M), Foodstuffs ($3.65M), and Textiles ($3.64M).

During 2018, Australia had a large net trade with Iran in the exports of Animal Products ($47.7M), Chemical Products ($2.07M), and Instruments ($1.52M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Iran Australia+$1.8MVaccines, blood, antisera, toxins and cultures

Top Product Potential Australia Iran+$19.4MWheat

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Iran and Australia. This means that a dot/product with the flag of Iran indicates it has a comparative advantage over Australia. Similarly, a dot/product with the flag of Australia indicates it has a comparative advantage over Iran.

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Historical Data

Bilateral Trade by Products

Exports from Iran () to Australia () (2023)

Exports from Australia () to Iran () (2023)

Latest Data

Trade between Iran () and Australia ()

Australia Exports

Market Competitiveness

Difference in imports from Australia () and Iran () (2023)

Comparative Advantage Iran - Australia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Iran () and Australia () (2023)

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