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2023
Exports $41.4MWorld Rnk 4 / 107
Flag Rnk 50 / 1049
2023
Destination $3.2M Jordan
2022 - 2023
FASTEST GROWING MARKET $3.2MGeorgia
2023
PRODUCT COMPLEXITY IN Iron Ingots-1.38Rnk 922 / 1025
2023
Imports $23.4kWorld Rnk 119 / 175
Flag Rnk 1007 / 1101
2023
Origin $23.4k Germany
2022 - 2023
FASTEST GROWING ORIGIN $23.4kGermany
2023
ECONOMIC COMPLEXITY of Iran0.084Rnk 58 / 132

About

Exports In 2023, Iran exported $41.4M in Iron Ingots, making it the 4th largest exporter of Iron Ingots in the world. At the same year, Iron Ingots was the 50th most exported product in Iran. The main destination of Iron Ingots exports from Iran are: Jordan ($33.4M), Georgia ($7.77M), Uzbekistan ($167k), and Turkey ($97.4k).

The fastest growing export markets for Iron Ingots of Iran between 2022 and 2023 were Georgia ($3.2M).

Imports In 2023, Iran imported $23.4k in Iron Ingots, becoming the 119th largest importer of Iron Ingots in the world. At the same year, Iron Ingots was the 1007th most imported product in Iran. Iran imports Iron Ingots primarily from: Germany ($23.4k).

The fastest growing import markets in Iron Ingots for Iran between 2022 and 2023 were Germany ($23.4k).

Latest Trends

Dec 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 Iron Ingots. 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 (2023)$41.4M
IMPORTS (2023)$23.4k
NET TRADE (2023)$41.4M

In 2023, Iran exported $41.4M in Iron Ingots. The main destinations of Iran exports on Iron Ingots were Jordan ($33.4M), Georgia ($7.77M), Uzbekistan ($167k), and Turkey ($97.4k).

In 2023, Iran imported $23.4k in Iron Ingots, mainly from Germany ($23.4k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Ingots EXPORT MARKETS FOR Iran WERE (2022 - 2023):Georgia$3.2M (69.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ingots BY Iran WERE (2022 - 2023):
China-$560M (-100%)
United Arab Emirates-$282M (-100%)
Oman-$197M (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Iran's main exporting competitors in Iron Ingots were:
India $254M
China $65.3M
Italy $48.7M
In 2023, Iran's main importing competitors in Iron Ingots were:
Italy $238M
Jordan $67.8M
Spain $41.3M

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Trade Value of Iron Ingots by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $835k
TOP IMPORT POTENTIALTurkey+ $15.5k

Iron Ingots’s highest export potential is Turkey. With an export gap of $835k.   Iron Ingots’s highest import potential is Turkey with an import gap of $15.5k.

See methodology.

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