Iran recorded a trade surplus of 3813 USD Million in the third quarter of 2022. source: Central Bank of Iran

Balance of Trade in Iran averaged 4599.01 USD Million from 1974 until 2022, 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 August of 2022.

Balance of Trade in Iran is expected to be 6500.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iran Balance of Trade is projected to trend around 7500.00 USD Million in 2023 and 6500.00 USD Million in 2024, according to our econometric models.

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Iran Balance of Trade



Related Last Previous Unit Reference
Balance of Trade 3813.00 4260.00 USD Million Sep 2022
Current Account 5997.00 3534.00 USD Million Sep 2021
Current Account to GDP -0.50 1.10 percent of GDP Dec 2020
Exports 18850.00 17285.00 USD Million Sep 2022
Imports 15010.00 13025.00 USD Million Sep 2022
Oil Exports 21043.00 29016.00 USD Million Dec 2020
Non Oil Exports 28805.00 30375.00 USD Million Dec 2020
Foreign Direct Investment 1224.00 905.60 USD Million Dec 2020
External Debt 9142.00 9031.30 USD Million Dec 2020

Iran Balance of Trade
Iran has been recording trade surpluses since 1999 due to a rise in the shipments of oil and natural gas (82 percent of total exports). Yet, the UN Security Council sanctions, extended in June of 2012, will have a negative impact on Iran's foreign trade. Iran main imports are: non-electrical machinery; iron and steel and chemicals and related products. Iran´s main trading partner is China (21 percent of total exports and 17 percent of imports). Others include: South Korea, Turkey and United Arab Emirates.
Actual Previous Highest Lowest Dates Unit Frequency
3813.00 4260.00 20935.00 -6529.00 1974 - 2022 USD Million Quarterly