2022
Exports
$627kWorld Rnk 128 / 223
Flag Rnk 422 / 1061
2022
PRODUCT COMPLEXITY IN Electrical Transformers
0.65Rnk 294 / 1025
2022
Imports
$90.5MWorld Rnk 81 / 225
Flag Rnk 65 / 1116
2022
ECONOMIC COMPLEXITY of Iran
0.072Rnk 60 / 133

About

Exports In 2022, Iran exported $627k in Electrical Transformers, making it the 128th largest exporter of Electrical Transformers in the world. At the same year, Electrical Transformers was the 422nd most exported product in Iran. The main destination of Electrical Transformers exports from Iran are: Turkey ($173k), Sri Lanka ($105k), Armenia ($87.4k), United Kingdom ($66.2k), and Germany ($38.7k).

The fastest growing export markets for Electrical Transformers of Iran between 2021 and 2022 were Sri Lanka ($105k), Turkey ($104k), and Cote d'Ivoire ($25.2k).

Imports In 2022, Iran imported $90.5M in Electrical Transformers, becoming the 81st largest importer of Electrical Transformers in the world. At the same year, Electrical Transformers was the 65th most imported product in Iran. Iran imports Electrical Transformers primarily from: China ($47.2M), Turkey ($20.3M), United Arab Emirates ($10M), Germany ($4.05M), and Switzerland ($2.26M).

The fastest growing import markets in Electrical Transformers for Iran between 2021 and 2022 were Austria ($981k), Turkey ($916k), and Chinese Taipei ($260k).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Electrical Transformers. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$627k
IMPORTS (2022)$90.5M
NET TRADE (2022)-$89.9M

In 2022, Iran exported $627k in Electrical Transformers. The main destinations of Iran exports on Electrical Transformers were Turkey ($173k), Sri Lanka ($105k), Armenia ($87.4k), United Kingdom ($66.2k), and Germany ($38.7k).

In 2022, Iran imported $90.5M in Electrical Transformers, mainly from China ($47.2M), Turkey ($20.3M), United Arab Emirates ($10M), Germany ($4.05M), and Switzerland ($2.26M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Transformers EXPORT MARKETS FOR Iran WERE (2021 - 2022):
Sri Lanka$105k (2.62M%)
Turkey$104k (152%)
Cote d'Ivoire$25.2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Transformers BY Iran WERE (2021 - 2022):
Iraq-$41.4M (-100%)
Armenia-$12.2M (-99.3%)
Syria-$5.15M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iran's main exporting competitors in Electrical Transformers were:
In 2022, Iran's main importing competitors in Electrical Transformers were:

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Trade Value of Electrical Transformers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $284k
TOP IMPORT POTENTIALChina+ $39.7M

Electrical Transformers’s highest export potential is Turkey. With an export gap of $284k.   Electrical Transformers’s highest import potential is China with an import gap of $39.7M.

See methodology.

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