2022
Exports
$18MWorld Rnk 61 / 151
Flag Rnk 99 / 1061
falsefalse Spain
2022
PRODUCT COMPLEXITY IN Hot-Rolled Iron
0.41Rnk 402 / 1025
2022
Imports
$2.66MWorld Rnk 155 / 214
Flag Rnk 576 / 1116
2022
ECONOMIC COMPLEXITY of Iran
0.072Rnk 60 / 133

About

Exports In 2022, Iran exported $18M in Hot-Rolled Iron, making it the 61st largest exporter of Hot-Rolled Iron in the world. At the same year, Hot-Rolled Iron was the 99th most exported product in Iran. The main destination of Hot-Rolled Iron exports from Iran are: Spain ($9.54M), Georgia ($2.96M), Uzbekistan ($2.3M), Armenia ($1.41M), and Tajikistan ($1.34M).

The fastest growing export markets for Hot-Rolled Iron of Iran between 2021 and 2022 were Uzbekistan ($1.36M), Armenia ($1.28M), and Tajikistan ($685k).

Imports In 2022, Iran imported $2.66M in Hot-Rolled Iron, becoming the 155th largest importer of Hot-Rolled Iron in the world. At the same year, Hot-Rolled Iron was the 576th most imported product in Iran. Iran imports Hot-Rolled Iron primarily from: China ($1.96M), South Korea ($384k), Turkey ($147k), Italy ($124k), and Germany ($44k).

Latest Trends

Nov 2024

Subnational Monthly Trade

View
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 Hot-Rolled Iron. Countries are shown based on data availability.

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

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$18M
IMPORTS (2022)$2.66M
NET TRADE (2022)$15.3M

In 2022, Iran exported $18M in Hot-Rolled Iron. The main destinations of Iran exports on Hot-Rolled Iron were Spain ($9.54M), Georgia ($2.96M), Uzbekistan ($2.3M), Armenia ($1.41M), and Tajikistan ($1.34M).

In 2022, Iran imported $2.66M in Hot-Rolled Iron, mainly from China ($1.96M), South Korea ($384k), Turkey ($147k), Italy ($124k), and Germany ($44k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hot-Rolled Iron EXPORT MARKETS FOR Iran WERE (2021 - 2022):
Uzbekistan$1.36M (146%)
Armenia$1.28M (1.03k%)
Tajikistan$685k (105%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hot-Rolled Iron BY Iran WERE (2021 - 2022):
United Arab Emirates-$179M (-100%)
Iraq-$59.1M (-100%)
Afghanistan-$23.5M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Iran's main exporting competitors in Hot-Rolled Iron were:
Japan $11.2B
China $11.2B
In 2022, Iran's main importing competitors in Hot-Rolled Iron were:

Explore Visualizations

Trade Value of Hot-Rolled Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $1.23M
TOP IMPORT POTENTIALChina+ $2.22M

Hot-Rolled Iron’s highest export potential is Spain. With an export gap of $1.23M.   Hot-Rolled Iron’s highest import potential is China with an import gap of $2.22M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with