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2023
Exports $223MWorld Rnk 23 / 125
Flag Rnk 11 / 1049
2023
Destination $12.3M China
2022 - 2023
FASTEST GROWING MARKET $12.3MItaly
2023
PRODUCT COMPLEXITY IN Semi-Finished Iron-0.94Rnk 812 / 1025
2023
Imports $4.43MWorld Rnk 89 / 189
Flag Rnk 481 / 1101
2023
Origin $4.38M Armenia
2022 - 2023
FASTEST GROWING ORIGIN $4.38MArmenia
2023
ECONOMIC COMPLEXITY of Iran0.084Rnk 58 / 132

About

Exports In 2023, Iran exported $223M in Semi-Finished Iron, making it the 23rd largest exporter of Semi-Finished Iron in the world. At the same year, Semi-Finished Iron was the 11th most exported product in Iran. The main destination of Semi-Finished Iron exports from Iran are: China ($107M), Turkey ($78M), Italy ($21.9M), Uzbekistan ($8.94M), and Pakistan ($3.29M).

The fastest growing export markets for Semi-Finished Iron of Iran between 2022 and 2023 were Italy ($12.3M), Pakistan ($3.17M), and Kuwait ($2.46M).

Imports In 2023, Iran imported $4.43M in Semi-Finished Iron, becoming the 89th largest importer of Semi-Finished Iron in the world. At the same year, Semi-Finished Iron was the 481st most imported product in Iran. Iran imports Semi-Finished Iron primarily from: Armenia ($4.38M) and Turkey ($47.2k).

The fastest growing import markets in Semi-Finished Iron for Iran between 2022 and 2023 were Armenia ($4.38M).

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 Semi-Finished Iron. 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)$223M
IMPORTS (2023)$4.43M
NET TRADE (2023)$218M

In 2023, Iran exported $223M in Semi-Finished Iron. The main destinations of Iran exports on Semi-Finished Iron were China ($107M), Turkey ($78M), Italy ($21.9M), Uzbekistan ($8.94M), and Pakistan ($3.29M).

In 2023, Iran imported $4.43M in Semi-Finished Iron, mainly from Armenia ($4.38M) and Turkey ($47.2k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Semi-Finished Iron EXPORT MARKETS FOR Iran WERE (2022 - 2023):
Italy$12.3M (128%)
Pakistan$3.17M (2.64k%)
Kuwait$2.46M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Semi-Finished Iron BY Iran WERE (2022 - 2023):
Indonesia-$711M (-100%)
Thailand-$386M (-100%)
China-$148M (-58.1%)
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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 Semi-Finished Iron were:
Russia $6.75B
Oman $3.27B
Brazil $3.13B
In 2023, Iran's main importing competitors in Semi-Finished Iron were:
Turkey $3.36B
United States $2.81B
Indonesia $2.13B

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Trade Value of Semi-Finished Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $35.6M
TOP IMPORT POTENTIALTurkey+ $4.94k

Semi-Finished Iron’s highest export potential is Turkey. With an export gap of $35.6M.   Semi-Finished Iron’s highest import potential is Turkey with an import gap of $4.94k.

See methodology.

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