2022
Exports
$2.49MWorld Rnk 97 / 225
Flag Rnk 256 / 1061
2022
PRODUCT COMPLEXITY IN Low-voltage Protection Equipment
0.56Rnk 342 / 1025
2022
Imports
$135MWorld Rnk 68 / 226
Flag Rnk 39 / 1116
2022
ECONOMIC COMPLEXITY of Iran
0.072Rnk 60 / 133

About

Exports In 2022, Iran exported $2.49M in Low-voltage Protection Equipment, making it the 97th largest exporter of Low-voltage Protection Equipment in the world. At the same year, Low-voltage Protection Equipment was the 256th most exported product in Iran. The main destination of Low-voltage Protection Equipment exports from Iran are: Turkey ($1.61M), Azerbaijan ($199k), Canada ($157k), Georgia ($88.5k), and Niger ($79.9k).

The fastest growing export markets for Low-voltage Protection Equipment of Iran between 2021 and 2022 were Turkey ($797k), Canada ($156k), and Azerbaijan ($68k).

Imports In 2022, Iran imported $135M in Low-voltage Protection Equipment, becoming the 68th largest importer of Low-voltage Protection Equipment in the world. At the same year, Low-voltage Protection Equipment was the 39th most imported product in Iran. Iran imports Low-voltage Protection Equipment primarily from: China ($61.1M), Turkey ($53.6M), Germany ($4.53M), Italy ($3.32M), and Chinese Taipei ($2.77M).

The fastest growing import markets in Low-voltage Protection Equipment for Iran between 2021 and 2022 were Turkey ($3.02M), Oman ($561k), and Germany ($379k).

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 Low-voltage Protection Equipment. 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)$2.49M
IMPORTS (2022)$135M
NET TRADE (2022)-$133M

In 2022, Iran exported $2.49M in Low-voltage Protection Equipment. The main destinations of Iran exports on Low-voltage Protection Equipment were Turkey ($1.61M), Azerbaijan ($199k), Canada ($157k), Georgia ($88.5k), and Niger ($79.9k).

In 2022, Iran imported $135M in Low-voltage Protection Equipment, mainly from China ($61.1M), Turkey ($53.6M), Germany ($4.53M), Italy ($3.32M), and Chinese Taipei ($2.77M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Low-voltage Protection Equipment EXPORT MARKETS FOR Iran WERE (2021 - 2022):
Turkey$797k (98.3%)
Canada$156k (57.5k%)
Azerbaijan$68k (51.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Low-voltage Protection Equipment BY Iran WERE (2021 - 2022):
Afghanistan-$4.2M (-100%)
Iraq-$1.16M (-100%)
Tajikistan-$211k (-79.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iran's main exporting competitors in Low-voltage Protection Equipment were:
In 2022, Iran's main importing competitors in Low-voltage Protection Equipment were:

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Trade Value of Low-voltage Protection Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $1.24M
TOP IMPORT POTENTIALChina+ $37.4M

Low-voltage Protection Equipment’s highest export potential is Turkey. With an export gap of $1.24M.   Low-voltage Protection Equipment’s highest import potential is China with an import gap of $37.4M.

See methodology.

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