Iran is the 56th largest export economy in the world and the 65th…
Iran is the 56th largest export economy in the world and the 65th most complex economy according to the Economic Complexity Index (ECI). In 2014, Iran exported $51B and imported $53.8B, resulting in a negative trade balance of $2.78B. In 2014 the GDP of Iran was $425B and its GDP per capita was $17.3k.
The top exports of Iran are Crude Petroleum ($37.2B), Ethylene Polymers($2.7B), Iron Ore ($1.58B), Acyclic Alcohols ($1.23B) and Other Nuts($921M), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Wheat ($2B), Rice ($1.31B), Corn($1.19B), Soybean Meal ($1.08B) and Light Fixtures ($1.07B).
The top export destinations of Iran are China ($24.9B), India ($10.3B),Japan ($5.55B), South Korea ($4.12B) and Turkey ($1.48B). The top import origins are China ($24.1B), India ($4.4B), South Korea ($4.17B),Turkey ($3.82B) and Germany ($3.07B).
Iran borders Afghanistan, Armenia, Azerbaijan, Iraq, Pakistan,Turkmenistan and Turkey by land and the United Arab Emirates,Bahrain, Kuwait, Oman, Qatar and Saudi Arabia by sea.