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2023
Flag → Flag
Exports $2.27MRnk 63 / 130
2023
Flag → Flag
Top Product $869kPaintings
2023
Flag → Flag
Exports $59MRnk 165 / 220
2023
Flag → Flag
Top Product $20.6MMedical Instruments
2023
Flag
Economic Complexity (ECI) ECI 0.084Rnk 58 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 10 / 132
2023
Flag  
GDP$405BCURRENT US$
Rnk 36 / 195
2013-2023
Flag
GDP GROWTH-19.1%CURRENT US$
Rnk 189 / 195
2023
Flag
 GDP$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
Flag
GDP GROWTH64.2%CURRENT US$
Rnk 44 / 195
2023
Flag
GDP PC $4,466CURRENT US$
Rnk 125 / 195
2013-2023
Flag
GDP PC GROWTH-28.2%CURRENT US$
Rnk 186 / 195
2023
Flag
GDP PC$82,769CURRENT US$
Rnk 9 / 196
2013-2023
Flag
GDP PC GROWTH55%CURRENT US$
Rnk 40 / 195

About

Iran-United States Trade: In 2023, Iran exported $2.27M to United States. The main products that Iran exported to United States were Paintings ($869k), Sculptures ($588k), and Brochures ($456k). Over the past 5 years the exports of Iran to United States have decreased at an annualized rate of 50%, from $72.8M in 2018 to $2.27M in 2023.

In 2023, Iran did not export any services to United States.

United States-Iran Trade: In 2023, United States exported $59M to Iran. The main products that United States exported to Iran were Medical Instruments ($20.6M), Vaccines, blood, antisera, toxins and cultures ($5.31M), and Orthopedic Appliances ($4.93M). Over the past 5 years the exports of United States to Iran have decreased at an annualized rate of 28.4%,  from $313M in 2018 to $59M in 2023.

In 2023, United States 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, United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Iran exported $2.27M to United States. The main products exported from Iran to United States were Paintings ($869k), Sculptures ($588k), and Brochures ($456k). During the last 5 years the exports of Iran to United States have decreased at an annualized rate of 50%, from $72.8M in 2018 to $2.27M in 2023.

In 2018, United States exported $59M to Iran. The main products exported from United States to Iran were Medical Instruments ($20.6M), Vaccines, blood, antisera, toxins and cultures ($5.31M), and Orthopedic Appliances ($4.93M). During the last 5 years the exports of United States to Iran have decreased at an annualized rate of 28.4%, from $313M in 2023 to $59M in 2018.

Exports from Iran (Flag) to United States (Flag) (2023)

Exports from United States (Flag) to Iran (Flag) (2023)

Latest Data

Trade between Iran (Flag) and United States (Flag)

United States Exports

Market Competitiveness

Color
Iran
Top DestinationChina$4.59B
United States
Top DestinationCanada$269B

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

In 2023, countries that imported more from Iran than United States included Armenia ($597M) and Azerbaijan ($473M).

In 2023, countries that imported more from United States than Iran included Canada ($269B), Mexico ($243B), and China ($154B).

Difference in imports from United States (Flag) and Iran (Flag) (2023)

Comparative Advantage Iran - United States

Flow
Scale

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

During 2023, Iran had a large net trade with United States in the exports of Arts and Antiques ($1.73M), Paper Goods ($506k), and Stone And Glass ($17.3k).

During 2018, United States had a large net trade with Iran in the exports of Instruments ($34.7M), Chemical Products ($15.3M), and Animal Products ($3.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iran United States+$3.45MPaintings
Top Product Potential United States Iran+$22.2MMedical Instruments

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

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

Product Space of Iran (Flag) and United States (Flag) (2023)

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