2022
Exports
$23.2kWorld Rnk 73 / 158
Flag Rnk 811 / 1061
2022
PRODUCT COMPLEXITY IN Pastes and Waxes
1Rnk 171 / 1025
2022
Imports
$5.67MWorld Rnk 46 / 209
Flag Rnk 457 / 1116
2022
ECONOMIC COMPLEXITY of Iran
0.072Rnk 60 / 133

About

Exports In 2022, Iran exported $23.2k in Pastes and Waxes, making it the 73rd largest exporter of Pastes and Waxes in the world. At the same year, Pastes and Waxes was the 811th most exported product in Iran. The main destination of Pastes and Waxes exports from Iran are: Belgium ($21.8k), Armenia ($1.4k), and Azerbaijan ($30).

The fastest growing export markets for Pastes and Waxes of Iran between 2021 and 2022 were Belgium ($21.8k), Armenia ($499), and Azerbaijan ($30).

Imports In 2022, Iran imported $5.67M in Pastes and Waxes, becoming the 46th largest importer of Pastes and Waxes in the world. At the same year, Pastes and Waxes was the 457th most imported product in Iran. Iran imports Pastes and Waxes primarily from: Switzerland ($2.17M), China ($774k), United Arab Emirates ($445k), Turkey ($445k), and Italy ($436k).

The fastest growing import markets in Pastes and Waxes for Iran between 2021 and 2022 were Switzerland ($336k), Turkey ($332k), and United Arab Emirates ($238k).

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 Pastes and Waxes. 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)$23.2k
IMPORTS (2022)$5.67M
NET TRADE (2022)-$5.64M

In 2022, Iran exported $23.2k in Pastes and Waxes. The main destinations of Iran exports on Pastes and Waxes were Belgium ($21.8k), Armenia ($1.4k), and Azerbaijan ($30).

In 2022, Iran imported $5.67M in Pastes and Waxes, mainly from Switzerland ($2.17M), China ($774k), United Arab Emirates ($445k), Turkey ($445k), and Italy ($436k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pastes and Waxes EXPORT MARKETS FOR Iran WERE (2021 - 2022):
Belgium$21.8k (1%)
Armenia$499 (55.7%)
Azerbaijan$30 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pastes and Waxes BY Iran WERE (2021 - 2022):
Iraq-$46.8k (-100%)
Russia-$34.4k (-100%)
United Arab Emirates-$4.05k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iran's main exporting competitors in Pastes and Waxes were:
In 2022, Iran's main importing competitors in Pastes and Waxes were:

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Trade Value of Pastes and Waxes by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALBelgium+ $1.81k
TOP IMPORT POTENTIALChina+ $692k

Pastes and Waxes’s highest export potential is Belgium. With an export gap of $1.81k.   Pastes and Waxes’s highest import potential is China with an import gap of $692k.

See methodology.

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