Iran recorded a trade deficit of 1767 USD Million in the first quarter of 2020. source: Central Bank of Iran
Balance of Trade in Iran averaged 4746.15 USD Million from 1974 until 2020, reaching an all time high of 20935 USD Million in the second quarter of 2011 and a record low of -6529 USD Million in the fourth quarter of 1992. This page provides - Iran Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Iran Balance of Trade - values, historical data and charts - was last updated on November of 2020.
Balance of Trade in Iran is expected to be 2000.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Iran to stand at 3100.00 in 12 months time. In the long-term, the Iran Balance of Trade is projected to trend around 5500.00 USD Million in 2021 and 6500.00 USD Million in 2022, according to our econometric models.