2023
Exports
$4.86MWorld Rnk 85 / 217
Flag Rnk 187 / 1049
2023
PRODUCT COMPLEXITY IN Medical Instruments
0.73Rnk 272 / 1025
2023
Imports
$361MWorld Rnk 51 / 226
Flag Rnk 11 / 1101
2023
ECONOMIC COMPLEXITY of Iran
0.084Rnk 58 / 132

About

Exports In 2023, Iran exported $4.86M in Medical Instruments, making it the 85th largest exporter of Medical Instruments in the world. At the same year, Medical Instruments was the 187th most exported product in Iran. The main destination of Medical Instruments exports from Iran are: Switzerland ($806k), Ecuador ($761k), Canada ($702k), Indonesia ($522k), and Turkey ($511k).

The fastest growing export markets for Medical Instruments of Iran between 2022 and 2023 were Switzerland ($714k), Canada ($689k), and Indonesia ($408k).

Imports In 2023, Iran imported $361M in Medical Instruments, becoming the 51st largest importer of Medical Instruments in the world. At the same year, Medical Instruments was the 11th most imported product in Iran. Iran imports Medical Instruments primarily from: Netherlands ($124M), China ($35.4M), Germany ($35.3M), France ($34.8M), and United Arab Emirates ($25.2M).

The fastest growing import markets in Medical Instruments for Iran between 2022 and 2023 were Netherlands ($62.4M), Germany ($13.1M), and Belgium ($8.6M).

Latest Trends

Jan 2025

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 Medical Instruments. 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)$4.86M
IMPORTS (2023)$361M
NET TRADE (2023)-$356M

In 2023, Iran exported $4.86M in Medical Instruments. The main destinations of Iran exports on Medical Instruments were Switzerland ($806k), Ecuador ($761k), Canada ($702k), Indonesia ($522k), and Turkey ($511k).

In 2023, Iran imported $361M in Medical Instruments, mainly from Netherlands ($124M), China ($35.4M), Germany ($35.3M), France ($34.8M), and United Arab Emirates ($25.2M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Medical Instruments EXPORT MARKETS FOR Iran WERE (2022 - 2023):
Switzerland$714k (777%)
Canada$689k (5.32k%)
Indonesia$408k (357%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Medical Instruments BY Iran WERE (2022 - 2023):
Sweden-$360k (-67.5%)
Iraq-$308k (-100%)
Belarus-$131k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Iran's main exporting competitors in Medical Instruments were:
In 2023, Iran's main importing competitors in Medical Instruments were:

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Trade Value of Medical Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $546k
TOP IMPORT POTENTIALChina+ $30.8M

Medical Instruments’s highest export potential is Turkey. With an export gap of $546k.   Medical Instruments’s highest import potential is China with an import gap of $30.8M.

See methodology.

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