Iran’s biggest trading partner? _ Iran trade partners

In the first half of 2023, China was the main Iran trade partner with 2.4 billion dollars of imports, while Iraq was in second place with 1.2 billion dollars and Turkey, United Arab Emirates, and India were in the next ranks. Among the exporters, however, China has overtaken the United Arab Emirates by a short distance and has become the main exporter of goods to Iran.

After the UAE which is ranked second, Turkey, Germany, and Russia can be seen. In this way, Germany is the only Western European country still present among Iran’s main trade partners. On the other hand, Russia has also added its name to the list of Iran’s trade partners.

Iran trade partners

According to the latest report on the details of the import and export of various products and goods, in the first half of 2023, the total export of non-oil goods of the country (excluding crude oil, heating oil, and kerosene, and also without the export from the luggage trade) is approximately 10 million and 471 thousand tons and was value three billion and 645 million dollars, which compared to the same period of the previous year, there was an increase of 17.76% in weight and a decrease of 12.93% in terms of dollar value. Also, the amount of the country’s imports during this period has decreased by 24.79% in terms of weight and 13.02% in terms of dollar value compared to the same period last year, reaching one million 829 thousand tons and three billion and 87 million dollars.

major Iran trade partners:

• China is still the leading Among Iran’s trade partners: In the first half of 2023, the highest amount of the country’s exports went to China with a figure of one billion and 140 million dollars and a share of 31.28% of the total export value, Iraq with 609 million dollars and a share of 16.71%, Turkey with 550 million dollars and a share of 15.10%, United Arab Emirates with 320 million dollars and a share of 8.78% and India with 120 million dollars and a share of 3.28% of the total value.

• United Arab Emirates is the largest importer to Iran: During the first half of 2023, the UAE has been in the first position among Iran’s trade partners with an allocation of over one billion dollars and a share of about 32.72% of the total import value. Also, best Iran trade partners are as follow:

China with 873 million dollars and a share of 28.28%

Turkey with 353 million dollars and a share of 11.44%

Germany with 129 dollars and a share of 4.17%, and

India with 110 million dollars and a share of 3.57% of the total value are considered among the main countries that are parties to import transactions. International transit: In the first quarter of this year, the amount of international transit in the country was around

three million and 539 thousand tons, which has experienced a decrease of 7.86% compared to the figure of three million and 841 thousand tons in spring last yea
In this way, the competition between China and the United Arab Emirates to become Iran’s biggest trading partner, but China still holds this position this year. Since then, Germany remaining on the list of Iran’s trade partners as the fourth importer of goods to the country is one of the other important features of 2023 statistics. India has also taken Afghanistan’s place among importers of goods from Iran.

?What does Iran trade

Iran has the highest trade statistics for petroleum and non-petroleum products. Some of these products have taken a larger percentage of it. Among the most important list of Iran’s commercial products, which have a greater share among Iran’s trade partners we can mention petroleum and chemical products and derivatives, gas condensate, liquid propane, light oils, and methanol. Therefore, oil and chemical products are among the commercial products of Iran, which have an important volume in Iran’s export.

    Iran’s oil trade partners

Petroleum products include

-Petroleum derivatives: Petroleum products and derivatives are among the main list of Iran’s export products
–Gas condensate: Gas condensate has taken the first place with a share of more than 17%.among Iran’s trade partners
–Oils and its products: Light oils and its products, apart from gasoline, which is one of the most important exports of Iran, with a share of 3.81% of Iran’s total exports, have been able to rank second among Iran’s export products
–Polyethylene film grade: Another important item among Iran’s trade partners is polyethylene film grade. In 2017with a share equal to 3.6%, it was able to rank third among Iran’s export products
–Methanol: Methanol is another export product of Iran. This product ranks fifth with a share equal to 17.3% of the total value of Iran’s exports.
Among other commercial items, iron, steel, gaseous hydrocarbons, ethylene glycol, liquefied butane, and other petroleum gases can be mentioned. These products make up a significant part of Iran’s exports

Iran’s non-oil trade

For several years, Iran has switched to non-oil exports to avoid an oil and gas-dependent economy. In this regard, in recent years, the government of the Islamic Republic of Iran has been trying to achieve this goal by increasing and developing its production by supporting domestic producers.
Non-oil products for trade include:
-Construction materials and mineral products
-Agricultural products and livestock
-Traditional goods and crafts
-Construction materials and mineral products
Iron ore, copper ore, marble, zinc, gypsum, chromite, clay, salt, ceramics, sand, cement, and decorative bricks are among the commercial goods in the construction materials and mineral goods sector among Iran’s trade partners. Iran has exported a significant amount of construction materials and mineral goods such as cement, tiles, bricks, flooring, and ketch stone to Iraq, Turkey, Afghanistan, UAE, and China.

Industrial products trade

In the list of Iran’s commercial goods in the industrial sector, we can mention radio, television, communication devices, paper and its products, and furniture.
– Radio, television, and communication devices: Among the most important industrial commercial goods, we can mention radio, television, and communication devices, which are the first in this sector in terms of exports.
-Paper and its products: Paper trade and its products are facing high growth among industrial goods that are exported to various countries.
-Furniture: The furniture trade has been very popular among Iran’s trade partners in the past years.

    Important commercial products and trade partners

Other important products that are exported to the countries of the world include tobacco, ice cream, sweets, chocolate, textile, and clothing.
-Tobacco: Tobacco is grown in cities such as West Azerbaijan, Gilan, Kurdistan, Golestan, and Mazandaran. The largest amount of tobacco trade is carried out in Iran’s neighboring countries, such as Russia, Turkey, Iraq, and Afghanistan, which have a suitable market.
-All kinds of sweets and chocolates: Trade in sweets and chocolates has been growing well, and this rate of growth has shown the increase in popularity of Iranian sweets and chocolates amo Iran trade partners, and as a result, the increase in its exports.
Textiles and clothing: In the field of textiles and clothing, the amount of trade has grown significantly. This rate of growth shows the potential in this field.
Note: A huge percentage of Iran’s trade indeed includes oil and its derivatives. Meanwhile, the products that are exported to foreign markets every year and are in a wider range include the following:
Carpets, handicrafts, precious metals and gold compounds, wristwatches, organic products, vaccines, hearing aids, and medicines containing penicillin.

Asia Trade Portal is a dedicated platform for Asian and Iranian exporters

If you intend to buy any Iranian export product, including Iranian saffron, Iranian pistachio, etc., please contact us

Submit a request for your needs on the site, you can easily find the product you want and be in touch with its manufacturer.

read more about Iran products what are the main products of Iran

read more about Iran trade partners in this web site: largest business partner of Iran