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2022
Exports $736kWorld Rnk 38 / 104
Flag Rnk 403 / 1061
2022
Destination $144k Armenia
2021 - 2022
FASTEST GROWING MARKET $144kArmenia
2022
Imports $21.5kWorld Rnk 148 / 185
Flag Rnk 1022 / 1116
2022
Origin $15k Turkey
2021 - 2022
FASTEST GROWING ORIGIN $15kTurkey
2022
ECONOMIC COMPLEXITY of Iran0.072Rnk 60 / 133

About

Exports In 2022, Iran exported $736k in Nitric Acids, making it the 38th largest exporter of Nitric Acids in the world. At the same year, Nitric Acids was the 403rd most exported product in Iran. The main destination of Nitric Acids exports from Iran are: Armenia ($304k), Azerbaijan ($241k), and United Arab Emirates ($192k).

The fastest growing export markets for Nitric Acids of Iran between 2021 and 2022 were Armenia ($144k) and Azerbaijan ($91.5k).

Imports In 2022, Iran imported $21.5k in Nitric Acids, becoming the 148th largest importer of Nitric Acids in the world. At the same year, Nitric Acids was the 1022nd most imported product in Iran. Iran imports Nitric Acids primarily from: Turkey ($21.5k).

The fastest growing import markets in Nitric Acids for Iran between 2021 and 2022 were Turkey ($15k).

Latest Trends

Nov 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 Nitric Acids. 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)$736k
IMPORTS (2022)$21.5k
NET TRADE (2022)$714k

In 2022, Iran exported $736k in Nitric Acids. The main destinations of Iran exports on Nitric Acids were Armenia ($304k), Azerbaijan ($241k), and United Arab Emirates ($192k).

In 2022, Iran imported $21.5k in Nitric Acids, mainly from Turkey ($21.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nitric Acids EXPORT MARKETS FOR Iran WERE (2021 - 2022):
Armenia$144k (90.8%)
Azerbaijan$91.5k (61.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitric Acids BY Iran WERE (2021 - 2022):
United Arab Emirates-$20.9k (-9.82%)
Iraq-$14.8k (-100%)
Indonesia-$9.75k (-100%)
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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 Nitric Acids were:
South Korea $154M
Belgium $142M
Germany $100M
In 2022, Iran's main importing competitors in Nitric Acids were:
Germany $83.3M
France $64.3M
Japan $47.6M

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Trade Value of Nitric Acids by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.41k
TOP IMPORT POTENTIALSouth Korea+ $780

Nitric Acids’s highest export potential is Germany. With an export gap of $1.41k.   Nitric Acids’s highest import potential is South Korea with an import gap of $780.

See methodology.

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