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Pricing

2022
Flag → Flag
Exports $45.5MRnk 179 / 219
2022
Flag → Flag
Top Product $18.6MMedical Instruments
2022
Flag → Flag
Exports $11.2MRnk 47 / 127
2022
Flag → Flag
Top Product $6.1MPaintings
2022
Flag
Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.072Rnk 60 / 133
2022
Flag  
GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH56.7%CURRENT US$
Rnk 45 / 186
2022
Flag
 GDP$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH-39.7%CURRENT US$
Rnk 183 / 186
2022
Flag
GDP PC $76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186
2022
Flag
GDP PC$4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH-47.3%CURRENT US$
Rnk 183 / 186

About

United States-Iran Trade: In 2022, United States exported $45.5M to Iran. The main products that United States exported to Iran were Medical Instruments ($18.6M), Orthopedic Appliances ($3.03M), and Other Plastic Products ($2.96M). Over the past 5 years the exports of United States to Iran have decreased at an annualized rate of 24.7%, from $187M in 2017 to $45.5M in 2022.

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

Iran-United States Trade: In 2022, Iran exported $11.2M to United States. The main products that Iran exported to United States were Paintings ($6.1M), Antiques ($4.5M), and Brochures ($198k). Over the past 5 years the exports of Iran to United States have decreased at an annualized rate of 29.8%,  from $65.5M in 2017 to $11.2M in 2022.

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

Comparison: In 2022,  United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T). That same year, Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B).

Company data: In 2023, leading companies such as Chiquita (309), Prime Line Coffee (64), and Intercontinental Packaging (16) were at the forefront of exporting goods from Iran to the United States. Conversely, Chiquita Panama Llc. (72), Other (63), and F.lli Galloni S.p.a. (49) were notable for importing products to Iran from the United States.

Latest Trends

August, 2024

About

Overview In August 2024, United States exported $17M and imported $106k from Iran, resulting in a positive trade balance of $16.9M. Between August 2023 and August 2024 the exports of United States have increased by $14.8M (689%) from $2.15M to $17M, while imports increased by $99.6k (1.67k%) from $5.96k to $106k.

Trade In August 2024, the top exports of United States to Iran were Medical Instruments ($952k), Photographic Plates ($607k), Laboratory Reagents ($433k), Vaccines, blood, antisera, toxins and cultures ($359k), and Other Edible Preparations ($175k). In August 2024 the top imports of United States from Iran were Brochures ($35.1k).

Origins In August 2024 the exports of United States were mainly from North Carolina ($8.44M), Tennessee ($3.01M), New York ($1.36M), New Jersey ($865k), and Washington ($780k), while imports destinations were mainly California ($50.3k), Minnesota ($48.3k), New York ($7k), Delaware ($0), and Florida ($0).

Growth In August 2024, the increase in United States's year-by-year exports to Iran was explained primarily by an increase in product exports in Laboratory Reagents ($272k or 168%), X-Ray Equipment ($56.2k or 1.47k%), and Orthopedic Appliances ($38.3k or 30.1%). In August 2024, the increase in United States's year-by-year imports  from Iran was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)$14.8M(689%)
IMPORT GROWTH (August 2023 - August 2024)$99.6k(1.67k%)
MAIN EXPORTER (August 2024)North Carolina$8.44M

This section shows exports and imports data at subnational level for United States. 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 States over time.

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

For full datasets download visit Bulk Download page.

Explore Iran and United States Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United States exported $45.5M to Iran. The main products exported from United States to Iran were Medical Instruments ($18.6M), Orthopedic Appliances ($3.03M), and Other Plastic Products ($2.96M). During the last 5 years the exports of United States to Iran have decreased at an annualized rate of 24.7%, from $187M in 2017 to $45.5M in 2022.

In 2017, Iran exported $11.2M to United States. The main products exported from Iran to United States were Paintings ($6.1M), Antiques ($4.5M), and Brochures ($198k). During the last 5 years the exports of Iran to United States have decreased at an annualized rate of 29.8%, from $65.5M in 2022 to $11.2M in 2017.

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

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

Market Competitiveness

Color
United States
Top DestinationCanada$308B
Iran
Top DestinationChina$5.72B

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

In 2022, countries that imported more from United States than Iran included Canada ($308B), Mexico ($294B), and China ($151B).

In 2022, countries that imported more from Iran than United States included Armenia ($557M) and Azerbaijan ($454M).

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

Comparative Advantage United States - Iran

Flow
Scale

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

During 2022, United States had a large net trade with Iran in the exports of Instruments ($28.3M), Chemical Products ($10.9M), and Plastics and Rubbers ($3M).

During 2017, Iran had a large net trade with United States in the exports of Arts and Antiques ($10.7M), Paper Goods ($260k), and Textiles ($146k).

Potential Exports

Potential Exports

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

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

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

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