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Importing from Iran
Iran Import Guide | Trade Finance Global
Importing from Iran
Iran is a member of OPEC and GECF and ranks as the 57th largest export economy in the world and stands at the 92nd most complex economy according to the Economic Complexity Index (ECI). The main yearly imports are cocoa beans (around $3B), rice (around $2.4B), cocoa beans (around $3B), rice (over $2.3B), soybean meal ($1.5B), gold (over $1.5B) and wheat ($1.2B).
Imports in Iran averaged around 19000 USD Million from 1974 until 2014, hitting of a high of over 77700 USD Million in June of 2011 and a low of around 3000 USD Million at the start of 2013. The main import countries are India (around $5B), South Korea (around $4B), Turkey ($4B), China (around $13B) and Ghana ($3B).
The top imports are non-electrical machinery (almost 20%), steel and iron (around 15%), chemicals (around 10%), transport vehicles (around 8%) and machinery (around 7%). The main countries of import are China (around 20%) and UAE (around 30%). They also trade heavily with Germany, Turkey and South Korea.
Iran Country Profile
| Official Name (Local Language) | Jomhuri-ye Eslami-ye Iran | Capital | Tehran | Population | 82,801,633 | Currency | Iranian Rial | GDP | $412.3 billion | Languages | Persian | Telephone Dial In | 98 |
Iran Exports Profile
Exports ($m USD)
130,544
Number of Export Products
2,452
Number of Export Partners
149
Top 5 export partners
Country
Trade
% Partner Share
Other Asia, nes
61,361
47.00
Unspecified
38,199
29.26
China
5,287
04.05
Iraq
4,647
3.56
United Arab Emirates
4,27
3.27
Chart Showing GDP Growth Compared to rest of world
GDP Composition for Iran
Agriculture
%
Product List
9.1%
Wheat, rice, other grains, sugar beets, sugarcane, fruits, nuts, cotton; dairy products, wool; caviar
Industry
%
Industry List
39.9%
Petroleum, petrochemicals, gas, fertilizers, caustic soda, textiles, cement and other construction materials, food processing (particularly sugar refining and vegetable oil
Services
%
Services List
0,51%
Importing from Iran: What is trade finance?
Iran is a member of OPEC and GECF and ranks as the 57th largest export economy in the world and stands at the 92nd most complex economy according to the Economic Complexity Index (ECI). The main yearly imports are cocoa beans (around $3B), rice (around $2.4B), cocoa beans (around $3B), rice (over $2.3B), soybean meal ($1.5B), gold (over $1.5B) and wheat ($1.2B).
Imports in Iran averaged around 19000 USD Million from 1974 until 2014, hitting of a high of over 77700 USD Million in June of 2011 and a low of around 3000 USD Million at the start of 2013. The main import countries are India (around $5B), South Korea (around $4B), Turkey ($4B), China (around $13B) and Ghana ($3B).
The top imports are non-electrical machinery (almost 20%), steel and iron (around 15%), chemicals (around 10%), transport vehicles (around 8%) and machinery (around 7%). The main countries of import are China (around 20%) and UAE (around 30%). They also trade heavily with Germany, Turkey and South Korea.
Government Website
http://www.president.ir/en/
Sovereign Ratings
https://countryeconomy.com/ratings/iran
Central Bank
The Central Bank of Iran
Currency USD Exchange Rate
30,462.1
Unemployment Rate
10.7%
Population below poverty line
18.7%
Inflation Rate
0,08
Prime Lending Rate
NA
GDP
$412.3 billion
GDP Pro Capita (PPP)
$18,100
Currency Name
Iranian Rial
Currency Code
IRR
World Bank Classification
Upper Middle Income
Competitive Industrial Performance
76/138
Corruption Perceptions Index
130/180
Ease of Doing Business
128/190
Enabling Trade Index
132/136
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