2023
Flag  
GDP
$405BCURRENT US$
Rnk 36 / 195
2013-2023
Flag
GDP GROWTH
-19.1%CURRENT US$
Rnk 189 / 195
2023
Flag
 GDP
$35.2BCURRENT US$
Rnk 103 / 195
2013-2023
Flag
GDP GROWTH
84.5%CURRENT US$
Rnk 27 / 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
$2,156CURRENT US$
Rnk 154 / 196
2013-2023
Flag
GDP PC GROWTH
58.3%CURRENT US$
Rnk 33 / 195

About

Iran-Zimbabwe Trade: In 2023, Iran exported $365k to Zimbabwe. The main products that Iran exported to Zimbabwe were Broadcasting Equipment ($123k), Scented Mixtures ($123k), and Video Displays ($101k). Over the past 5 years the exports of Iran to Zimbabwe have decreased at an annualized rate of 23.4%, from $1.39M in 2018 to $365k in 2023.

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

Zimbabwe-Iran Trade: In 2023, Zimbabwe exported $3.46M to Iran. The main products that Zimbabwe exported to Iran were N/A. Over the past 5 years the exports of Zimbabwe to Iran have decreased at an annualized rate of 7.74%,  from $6.09M in 2018 to $3.46M in 2023.

In 2023, Zimbabwe 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, Zimbabwe ranked 110 in the Economic Complexity Index (ECI -0.98), and 106 in total exports ($9.05B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Iran exported $365k to Zimbabwe. The main products exported from Iran to Zimbabwe were Broadcasting Equipment ($123k), Scented Mixtures ($123k), and Video Displays ($101k). During the last 5 years the exports of Iran to Zimbabwe have decreased at an annualized rate of 23.4%, from $1.39M in 2018 to $365k in 2023.

In 2017, Zimbabwe exported $3.46M to Iran. There were not main exports from Zimbabwe to Iran in 2017. During the last 5 years the exports of Zimbabwe to Iran have decreased at an annualized rate of 7.74%, from $6.09M in 2022 to $3.46M in 2017.

Exports from Iran (Flag) to Zimbabwe (Flag) (2023)

Exports from Zimbabwe (Flag) to Iran (Flag) (2023)

Latest Data

Trade between Iran (Flag) and Zimbabwe (Flag)

Zimbabwe Exports

Market Competitiveness

Color
Iran
Top Destination
China$4.59B
Zimbabwe
Top Destination
United Arab Emirates$4.1B

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

In 2023, countries that imported more from Iran than Zimbabwe included China ($4.59B), Turkey ($2.18B), and Pakistan ($943M).

In 2023, countries that imported more from Zimbabwe than Iran included United Arab Emirates ($4.1B), South Africa ($1.39B), and Mozambique ($391M).

Difference in imports from Zimbabwe (Flag) and Iran (Flag) (2023)

Comparative Advantage Iran - Zimbabwe

Flow
Scale

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

During 2023, Iran had a large net trade with Zimbabwe in the exports of Machines ($240k), Chemical Products ($123k), and Textiles ($2.16k).

During 2017, Zimbabwe had a large net trade with Iran in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iran Zimbabwe+$2.76kEthylene Polymers
Top Product Potential Zimbabwe Iran+$3.69kRaw Tobacco

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 Zimbabwe. This means that a dot/product with the flag of Iran indicates it has a comparative advantage over Zimbabwe. Similarly, a dot/product with the flag of Zimbabwe indicates it has a comparative advantage over Iran.

Product Space of Iran (Flag) and Zimbabwe (Flag) (2023)

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