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2023
Exports $560MWorld Rnk 24 / 147
Flag Rnk 5 / 1049
2023
Destination $451 China
2022 - 2023
FASTEST GROWING MARKET $451Italy
2023
PRODUCT COMPLEXITY IN Refined Copper-1.41Rnk 931 / 1025
2023
Imports $4.26MWorld Rnk 69 / 184
Flag Rnk 494 / 1101
2023
Origin $3.82M United Arab Emirates
2022 - 2023
FASTEST GROWING ORIGIN $3.82MUnited Arab Emirates
2023
ECONOMIC COMPLEXITY of Iran0.084Rnk 58 / 132

About

Exports In 2023, Iran exported $560M in Refined Copper, making it the 24th largest exporter of Refined Copper in the world. At the same year, Refined Copper was the 5th most exported product in Iran. The main destination of Refined Copper exports from Iran are: China ($446M), Turkey ($107M), United Arab Emirates ($4.59M), Azerbaijan ($1.43M), and Chinese Taipei ($805k).

The fastest growing export markets for Refined Copper of Iran between 2022 and 2023 were Italy ($451), Canada ($364), and Austria ($32).

Imports In 2023, Iran imported $4.26M in Refined Copper, becoming the 69th largest importer of Refined Copper in the world. At the same year, Refined Copper was the 494th most imported product in Iran. Iran imports Refined Copper primarily from: United Arab Emirates ($4.2M), Turkey ($44k), Austria ($9.54k), and Italy ($4.53k).

The fastest growing import markets in Refined Copper for Iran between 2022 and 2023 were United Arab Emirates ($3.82M) and Austria ($9.54k).

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 Refined Copper. 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)$560M
IMPORTS (2023)$4.26M
NET TRADE (2023)$555M

In 2023, Iran exported $560M in Refined Copper. The main destinations of Iran exports on Refined Copper were China ($446M), Turkey ($107M), United Arab Emirates ($4.59M), Azerbaijan ($1.43M), and Chinese Taipei ($805k).

In 2023, Iran imported $4.26M in Refined Copper, mainly from United Arab Emirates ($4.2M), Turkey ($44k), Austria ($9.54k), and Italy ($4.53k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Refined Copper EXPORT MARKETS FOR Iran WERE (2022 - 2023):
Italy$451 (0.19%)
Canada$364 (105%)
Austria$32 (188%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Copper BY Iran WERE (2022 - 2023):
China-$340M (-43.3%)
United Arab Emirates-$154M (-97.1%)
Turkey-$145M (-57.5%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Iran's main exporting competitors in Refined Copper were:
Chile $17.1B
Democratic Republic of the Congo $11.8B
Japan $6.42B
In 2023, Iran's main importing competitors in Refined Copper were:
China $32B
United States $6.91B
Italy $5.3B

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Trade Value of Refined Copper by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $180M
TOP IMPORT POTENTIALTurkey+ $83k

Refined Copper’s highest export potential is China. With an export gap of $180M.   Refined Copper’s highest import potential is Turkey with an import gap of $83k.

See methodology.

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