2023
Exports
$10.7MWorld Rnk 91 / 226
Flag Rnk 125 / 1049
2023
PRODUCT COMPLEXITY IN Motor vehicles; parts and accessories (8701 to 8705)
1.12Rnk 138 / 1025
2023
Imports
$1.27BWorld Rnk 40 / 226
Flag Rnk 2 / 1101
2023
ECONOMIC COMPLEXITY of Iran
0.084Rnk 58 / 132

About

Exports In 2023, Iran exported $10.7M in Motor vehicles; parts and accessories (8701 to 8705), making it the 91st largest exporter of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 125th most exported product in Iran. The main destination of Motor vehicles; parts and accessories (8701 to 8705) exports from Iran are: Azerbaijan ($4.19M), Italy ($2.29M), Turkey ($1.81M), United Arab Emirates ($924k), and Egypt ($354k).

The fastest growing export markets for Motor vehicles; parts and accessories (8701 to 8705) of Iran between 2022 and 2023 were Serbia ($119k), Ukraine ($94.1k), and Oman ($71.5k).

Imports In 2023, Iran imported $1.27B in Motor vehicles; parts and accessories (8701 to 8705), becoming the 40th largest importer of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 2nd most imported product in Iran. Iran imports Motor vehicles; parts and accessories (8701 to 8705) primarily from: China ($1.17B), Turkey ($65.2M), United Arab Emirates ($8.41M), Bulgaria ($4.06M), and Germany ($3.69M).

The fastest growing import markets in Motor vehicles; parts and accessories (8701 to 8705) for Iran between 2022 and 2023 were China ($160M), Malaysia ($1.33M), and Bulgaria ($1.21M).

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 Motor vehicles; parts and accessories (8701 to 8705). 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)$10.7M
IMPORTS (2023)$1.27B
NET TRADE (2023)-$1.26B

In 2023, Iran exported $10.7M in Motor vehicles; parts and accessories (8701 to 8705). The main destinations of Iran exports on Motor vehicles; parts and accessories (8701 to 8705) were Azerbaijan ($4.19M), Italy ($2.29M), Turkey ($1.81M), United Arab Emirates ($924k), and Egypt ($354k).

In 2023, Iran imported $1.27B in Motor vehicles; parts and accessories (8701 to 8705), mainly from China ($1.17B), Turkey ($65.2M), United Arab Emirates ($8.41M), Bulgaria ($4.06M), and Germany ($3.69M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Motor vehicles; parts and accessories (8701 to 8705) EXPORT MARKETS FOR Iran WERE (2022 - 2023):
Serbia$119k (432%)
Ukraine$94.1k (86.9%)
Oman$71.5k (734%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Motor vehicles; parts and accessories (8701 to 8705) BY Iran WERE (2022 - 2023):
Iraq-$20.5M (-100%)
Italy-$7.61M (-76.8%)
Russia-$4.3M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Iran's main exporting competitors in Motor vehicles; parts and accessories (8701 to 8705) were:
Germany $69.4B
China $49.1B
Mexico $41.1B
In 2023, Iran's main importing competitors in Motor vehicles; parts and accessories (8701 to 8705) were:

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Trade Value of Motor vehicles; parts and accessories (8701 to 8705) by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $3.78M
TOP IMPORT POTENTIALTurkey+ $73.5M

Motor vehicles; parts and accessories (8701 to 8705)’s highest export potential is Turkey. With an export gap of $3.78M.   Motor vehicles; parts and accessories (8701 to 8705)’s highest import potential is Turkey with an import gap of $73.5M.

See methodology.

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