2022
Exports
$8.02MWorld Rnk 79 / 221
Flag Rnk 147 / 1061
2022
PRODUCT COMPLEXITY IN Excavation Machinery
0.96Rnk 185 / 1025
2022
Imports
$61.2MWorld Rnk 89 / 224
Flag Rnk 96 / 1116
2022
ECONOMIC COMPLEXITY of Iran
0.072Rnk 60 / 133

About

Exports In 2022, Iran exported $8.02M in Excavation Machinery, making it the 79th largest exporter of Excavation Machinery in the world. At the same year, Excavation Machinery was the 147th most exported product in Iran. The main destination of Excavation Machinery exports from Iran are: Italy ($3.39M), United Arab Emirates ($2.46M), United Kingdom ($400k), India ($362k), and Turkey ($268k).

The fastest growing export markets for Excavation Machinery of Iran between 2021 and 2022 were United Arab Emirates ($2.41M), United Kingdom ($400k), and Italy ($359k).

Imports In 2022, Iran imported $61.2M in Excavation Machinery, becoming the 89th largest importer of Excavation Machinery in the world. At the same year, Excavation Machinery was the 96th most imported product in Iran. Iran imports Excavation Machinery primarily from: China ($34M), Turkey ($11.5M), Italy ($4.3M), Bulgaria ($1.97M), and Germany ($1.78M).

The fastest growing import markets in Excavation Machinery for Iran between 2021 and 2022 were China ($4.03M), Italy ($1.29M), and Turkey ($1.16M).

Latest Trends

Apr 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 Excavation Machinery. 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)$8.02M
IMPORTS (2022)$61.2M
NET TRADE (2022)-$53.2M

In 2022, Iran exported $8.02M in Excavation Machinery. The main destinations of Iran exports on Excavation Machinery were Italy ($3.39M), United Arab Emirates ($2.46M), United Kingdom ($400k), India ($362k), and Turkey ($268k).

In 2022, Iran imported $61.2M in Excavation Machinery, mainly from China ($34M), Turkey ($11.5M), Italy ($4.3M), Bulgaria ($1.97M), and Germany ($1.78M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Excavation Machinery EXPORT MARKETS FOR Iran WERE (2021 - 2022):
United Arab Emirates$2.41M (4.99k%)
United Kingdom$400k (1%)
Italy$359k (11.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Excavation Machinery BY Iran WERE (2021 - 2022):
Iraq-$4.25M (-100%)
Turkey-$2.27M (-89.5%)
Armenia-$263k (-52.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iran's main exporting competitors in Excavation Machinery were:
In 2022, Iran's main importing competitors in Excavation Machinery were:

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Trade Value of Excavation Machinery by Exporters

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