2023
Exports
$42.8MWorld Rnk 17 / 99
Flag Rnk 45 / 1049
falsefalse China
2023
PRODUCT COMPLEXITY IN Iron Reductions
-1.12Rnk 860 / 1025
2023
Imports
$21.3kWorld Rnk 0 / 0
Flag Rnk 0 / 0
2023
ECONOMIC COMPLEXITY of Iran
0.084Rnk 58 / 132

About

Exports In 2023, Iran exported $42.8M in Iron Reductions, making it the 17th largest exporter of Iron Reductions in the world. At the same year, Iron Reductions was the 45th most exported product in Iran. The main destination of Iron Reductions exports from Iran are: China ($42.7M), Pakistan ($83.5k), Georgia ($70.2k), Armenia ($22.3k), and Azerbaijan ($17k).

The fastest growing export markets for Iron Reductions of Iran between 2022 and 2023 were China ($11.5M), Georgia ($70.2k), and Armenia ($22.3k).

Imports In 2022, Iran imported $21.3k in Iron Reductions, becoming the 0th largest importer of Iron Reductions in the world. At the same year, Iron Reductions was the 0th most imported product in Iran. Iran imports Iron Reductions primarily from: N/A.

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 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 (2023)$42.8M
IMPORTS (2022)$21.3k
NET TRADE (2023)$42.8M

In 2023, Iran exported $42.8M in Iron Reductions. The main destinations of Iran exports on Iron Reductions were China ($42.7M), Pakistan ($83.5k), Georgia ($70.2k), Armenia ($22.3k), and Azerbaijan ($17k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Reductions EXPORT MARKETS FOR Iran WERE (2022 - 2023):
China$11.5M (37%)
Georgia$70.2k (1%)
Armenia$22.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Reductions BY Iran WERE (2022 - 2023):
India-$48.5M (-100%)
Oman-$41.7M (-100%)
Iraq-$23.5M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Iran's main exporting competitors in Iron Reductions were:
In 2023, 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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