2023
Exports
$631MWorld Rnk 44 / 163
Flag Rnk 4 / 1049
2023
PRODUCT COMPLEXITY IN Petroleum Gas
-2.01Rnk 998 / 1025
2023
Imports
$1.64MWorld Rnk 165 / 220
Flag Rnk 639 / 1101
2023
ECONOMIC COMPLEXITY of Iran
0.084Rnk 58 / 132

About

Exports In 2023, Iran exported $631M in Petroleum Gas, making it the 44th largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 4th most exported product in Iran. The main destination of Petroleum Gas exports from Iran are: Pakistan ($442M), India ($126M), Armenia ($62.2M), Azerbaijan ($545k), and Georgia ($142k).

The fastest growing export markets for Petroleum Gas of Iran between 2022 and 2023 were India ($69.7M), Georgia ($111k), and Kuwait ($19.3k).

Imports In 2023, Iran imported $1.64M in Petroleum Gas, becoming the 165th largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 639th most imported product in Iran. Iran imports Petroleum Gas primarily from: Armenia ($660k), Azerbaijan ($435k), Italy ($250k), Bulgaria ($229k), and China ($37.7k).

The fastest growing import markets in Petroleum Gas for Iran between 2022 and 2023 were Armenia ($660k), Italy ($232k), and China ($37.7k).

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 Petroleum Gas. 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)$631M
IMPORTS (2023)$1.64M
NET TRADE (2023)$630M

In 2023, Iran exported $631M in Petroleum Gas. The main destinations of Iran exports on Petroleum Gas were Pakistan ($442M), India ($126M), Armenia ($62.2M), Azerbaijan ($545k), and Georgia ($142k).

In 2023, Iran imported $1.64M in Petroleum Gas, mainly from Armenia ($660k), Azerbaijan ($435k), Italy ($250k), Bulgaria ($229k), and China ($37.7k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Petroleum Gas EXPORT MARKETS FOR Iran WERE (2022 - 2023):
India$69.7M (123%)
Georgia$111k (363%)
Kuwait$19.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Gas BY Iran WERE (2022 - 2023):
China-$5.63B (-100%)
Turkey-$1.33B (-100%)
Iraq-$795M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Iran's main exporting competitors in Petroleum Gas were:
In 2023, Iran's main importing competitors in Petroleum Gas were:
China $83.7B
Japan $52.5B
France $45.4B

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Trade Value of Petroleum Gas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $80.1M
TOP IMPORT POTENTIALAzerbaijan+ $7.54M

Petroleum Gas’s highest export potential is India. With an export gap of $80.1M.   Petroleum Gas’s highest import potential is Azerbaijan with an import gap of $7.54M.

See methodology.

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