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2022
Exports $543kWorld Rnk 77 / 195
Flag Rnk 445 / 1061
2022
Destination $125k Kazakhstan
2021 - 2022
FASTEST GROWING MARKET $125kKazakhstan
2022
PRODUCT COMPLEXITY IN Lubricating Products1.61Rnk 36 / 1025
2022
Imports $27.9MWorld Rnk 62 / 224
Flag Rnk 198 / 1116
2022
Origin $8.03M China
2021 - 2022
FASTEST GROWING ORIGIN $8.03MChina
2022
ECONOMIC COMPLEXITY of Iran0.072Rnk 60 / 133

About

Exports In 2022, Iran exported $543k in Lubricating Products, making it the 77th largest exporter of Lubricating Products in the world. At the same year, Lubricating Products was the 445th most exported product in Iran. The main destination of Lubricating Products exports from Iran are: Kazakhstan ($133k), Uzbekistan ($111k), Chinese Taipei ($94.4k), Azerbaijan ($89.3k), and Kuwait ($35.3k).

The fastest growing export markets for Lubricating Products of Iran between 2021 and 2022 were Kazakhstan ($125k), Chinese Taipei ($94.4k), and Kuwait ($22.1k).

Imports In 2022, Iran imported $27.9M in Lubricating Products, becoming the 62nd largest importer of Lubricating Products in the world. At the same year, Lubricating Products was the 198th most imported product in Iran. Iran imports Lubricating Products primarily from: China ($13.2M), Germany ($5.21M), Turkey ($2.74M), Italy ($2.2M), and Lithuania ($1.13M).

The fastest growing import markets in Lubricating Products for Iran between 2021 and 2022 were China ($8.03M), Italy ($813k), and Turkey ($577k).

Latest Trends

Jul 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 Lubricating Products. 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)$543k
IMPORTS (2022)$27.9M
NET TRADE (2022)-$27.3M

In 2022, Iran exported $543k in Lubricating Products. The main destinations of Iran exports on Lubricating Products were Kazakhstan ($133k), Uzbekistan ($111k), Chinese Taipei ($94.4k), Azerbaijan ($89.3k), and Kuwait ($35.3k).

In 2022, Iran imported $27.9M in Lubricating Products, mainly from China ($13.2M), Germany ($5.21M), Turkey ($2.74M), Italy ($2.2M), and Lithuania ($1.13M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Lubricating Products EXPORT MARKETS FOR Iran WERE (2021 - 2022):
Kazakhstan$125k (1.57k%)
Chinese Taipei$94.4k (1%)
Kuwait$22.1k (167%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lubricating Products BY Iran WERE (2021 - 2022):
Turkey-$576k (-98.3%)
Iraq-$377k (-100%)
Lebanon-$62k (-92.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iran's main exporting competitors in Lubricating Products were:
Germany $2.32B
United States $1.94B
Japan $1.24B
In 2022, Iran's main importing competitors in Lubricating Products were:
China $1.71B
Germany $676M
Mexico $433M

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Trade Value of Lubricating Products by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALPakistan+ $35.9k
TOP IMPORT POTENTIALGermany+ $2.66M

Lubricating Products’s highest export potential is Pakistan. With an export gap of $35.9k.   Lubricating Products’s highest import potential is Germany with an import gap of $2.66M.

See methodology.

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