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Pricing

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

About

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.

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.

Comparison: In 2023,  United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T). That same year, Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B).

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

November, 2024

About

Overview In November 2024, United States exported $7.68M and imported $0 from Iran, resulting in a positive trade balance of $7.68M. Between November 2023 and November 2024 the exports of United States have increased by $1.6M (26.4%) from $6.08M to $7.68M, while imports remained the same by $0 (N/A%) from $0 to $0.

Trade In November 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 November 2024 the top imports of United States from Iran were Brochures ($35.1k).

Origins In November 2024 the exports of United States were mainly from North Carolina ($4.34M), California ($1.4M), Massachusetts ($984k), New Jersey ($634k), and Illinois ($103k), while imports destinations were mainly California ($0), Delaware ($0), Florida ($0), Georgia ($0), and Illinois ($0).

Growth In November 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 November 2024, the change in United States's year-by-year imports  from Iran was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)$1.6M(26.4%)
IMPORT GROWTH (November 2023 - November 2024)$0(N/A%)
MAIN EXPORTER (November 2024)North Carolina$4.34M

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 2023, 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 2018 to $59M in 2023.

In 2018, 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 2023 to $2.27M in 2018.

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

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

Market Competitiveness

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

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

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

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

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 2023, 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).

During 2018, 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).

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) (2023)

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