Overview: In 2018 Iran was the number 67 most complex economy. In 2018, Iran exported $62.6B and imported $50.4B, resulting in a positive trade balance of $12.2B. In 2018, Iran's exports per capita were $766 and its imports per capita were $617.
Trade: The top exports of Iran are Crude Petroleum ($43B), Ethylene Polymers ($2.66B), Semi-Finished Iron ($1.65B), Acyclic Alcohols ($1.65B), and Refined Petroleum ($1.42B). The top imports of Iran are Cars ($3.47B), Corn ($1.67B), Rice ($1.4B), Vehicle Parts ($1.34B), and Soybeans ($951M).
Destinations: Iran exports mostly to China ($18.9B), India ($13.4B), United Arab Emirates ($4.73B), South Korea ($3.64B), and Italy ($3.14B), and imports mostly from China ($14B), United Arab Emirates ($9.11B), Germany ($3B), India ($2.84B), and South Korea ($2.29B).
Location: Iran borders Afghanistan, Armenia, Azerbaijan, Iraq, Pakistan, Turkey, and Turkmenistan by land and Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and United Arab Emirates by sea.