2022
Exports
$1.88MWorld Rnk 38 / 89
Flag Rnk 290 / 1061
falsefalse China
2022
PRODUCT COMPLEXITY IN Iron Reductions
-1.54Rnk 951 / 1025
2022
Imports
$21.3kWorld Rnk 90 / 144
Flag Rnk 1024 / 1116
2022
ECONOMIC COMPLEXITY of Iran
0.072Rnk 60 / 133

About

Exports In 2022, Iran exported $1.88M in Iron Reductions, making it the 38th largest exporter of Iron Reductions in the world. At the same year, Iron Reductions was the 290th most exported product in Iran. The main destination of Iron Reductions exports from Iran are: China ($1.74M), Germany ($66.3k), Pakistan ($35.7k), Uzbekistan ($30.7k), and Turkey ($1.83k).

The fastest growing export markets for Iron Reductions of Iran between 2021 and 2022 were Germany ($66.3k) and Uzbekistan ($8.91k).

Imports In 2022, Iran imported $21.3k in Iron Reductions, becoming the 90th largest importer of Iron Reductions in the world. At the same year, Iron Reductions was the 1024th most imported product in Iran. Iran imports Iron Reductions primarily from: China ($21.3k).

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 Iron Reductions. 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)$1.88M
IMPORTS (2022)$21.3k
NET TRADE (2022)$1.86M

In 2022, Iran exported $1.88M in Iron Reductions. The main destinations of Iran exports on Iron Reductions were China ($1.74M), Germany ($66.3k), Pakistan ($35.7k), Uzbekistan ($30.7k), and Turkey ($1.83k).

In 2022, Iran imported $21.3k in Iron Reductions, mainly from China ($21.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Reductions EXPORT MARKETS FOR Iran WERE (2021 - 2022):
Germany$66.3k (1%)
Uzbekistan$8.91k (40.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Reductions BY Iran WERE (2021 - 2022):
India-$102M (-100%)
China-$87.2M (-98%)
United Arab Emirates-$28.1M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iran's main exporting competitors in Iron Reductions were:
In 2022, Iran's main importing competitors in Iron Reductions were:

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Trade Value of Iron Reductions by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $635k
TOP IMPORT POTENTIALChina+ $12k

Iron Reductions’s highest export potential is China. With an export gap of $635k.   Iron Reductions’s highest import potential is China with an import gap of $12k.

See methodology.

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