Iran Trade Balance

1948 - 2021 | Yearly | USD mn | CEIC Data

Key information about Iran's Trade Balance

  • Iran's Trade Balance recorded a surplus of 22.7 USD bn in Dec 2021, compared with a surplus of 8.2 USD bn in the previous year
  • Iran's Trade Balance data is updated yearly, available from Dec 1948 to Dec 2021, with an averaged value of 709.0 USD mn
  • The data reached an all-time high of 69.7 USD bn in Dec 2011 and a record low of -9.3 USD bn in Dec 1991
CEIC calculates annual Trade Balance from annual Total Exports and annual Total Imports. The International Monetary Fund provides Total Exports and Total Imports in USD.

Further information about Iran's Trade Balance

  • In the latest reports, Iran's Total Exports reached 71.6 USD bn in Dec 2021, an increase of 36.3% YoY (year-on-year)
  • Total Imports recorded 53.0 USD bn in Mar 2022, an increase of 36.3% YoY (year-on-year)

View Iran's Trade Balance from 1948 to 2021 in the chart:

Iran Trade Balance

What was Iran's Trade Balance in 2021?

Iran's Trade Balance recorded a surplus of 22.7 USD bn in Dec 2021, compared with a surplus of 8.2 USD bn in the previous year See the table below for more data.

Last Previous Min Max Unit Frequency Range
22,668.0 2021 8,159.0 2020 -9,266.0 1991 69,740.0 2011 USD mn yearly 1948 - 2021

Trade Balance by Country Comparison

Buy Selected Data

Includes Trade Balance on 116 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (USD mn) -438.6 Mar 2024 monthly Oct 1998 - Mar 2024
Algeria (USD mn) -274.8 Mar 2020 monthly Jan 2000 - Mar 2020
Argentina (USD mn) 1,374.3 Mar 2024 monthly Jan 1991 - Mar 2024
Armenia (USD mn) 122.6 Mar 2024 monthly Nov 1995 - Mar 2024
Australia (USD mn) 3,294.7 Mar 2024 monthly Jul 1971 - Mar 2024
Austria (USD mn) 789.5 Jan 2024 monthly Jan 1957 - Jan 2024
Azerbaijan (USD mn) -60.6 Mar 2024 monthly Jan 2000 - Mar 2024
Bahrain (USD mn) 4,501.7 2023 yearly 1966 - 2023
Bangladesh (USD mn) -1,381.2 Feb 2024 monthly Jul 1986 - Feb 2024
Belarus (USD mn) -46.0 Feb 2024 monthly Jan 2000 - Feb 2024
Belgium (USD mn) 3,414.0 Feb 2024 monthly Jan 1993 - Feb 2024
Bolivia (USD mn) -121.6 Feb 2024 monthly Oct 1994 - Feb 2024
Bosnia and Herzegovina (USD mn) -601.5 Mar 2024 monthly Jan 2000 - Mar 2024
Botswana (USD mn) -319.0 Feb 2024 monthly Jan 2001 - Feb 2024
Brazil (USD mn) 7,482.7 Mar 2024 monthly Jan 1959 - Mar 2024
Brunei (USD mn) 512.5 Feb 2024 monthly Jan 2010 - Feb 2024
Bulgaria (USD mn) -586.1 Feb 2024 monthly Jan 1995 - Feb 2024
Cambodia (USD mn) -60.2 Feb 2024 monthly Jun 2013 - Feb 2024
Canada (USD mn) -1,682.0 Mar 2024 monthly Jan 1988 - Mar 2024
Chile (USD mn) 1,769.8 Mar 2024 monthly Jan 1968 - Mar 2024
China (USD mn) 58,551.1 Mar 2024 monthly Jan 1992 - Mar 2024
Colombia (USD mn) -1,010.1 Feb 2024 monthly Jan 1958 - Feb 2024
Croatia (USD mn) -1,343.3 Jan 2024 monthly Jan 1993 - Jan 2024
Cyprus (USD mn) -617.5 Jan 2024 monthly Jan 1957 - Jan 2024
Czech Republic (USD mn) 3,162.3 Feb 2024 monthly Jan 1996 - Feb 2024
Denmark (USD mn) 1,145.3 Feb 2024 monthly Jan 1997 - Feb 2024
Ecuador (USD mn) 678.9 Feb 2024 monthly Mar 1992 - Feb 2024
Egypt (USD mn) -2,724.0 Feb 2024 monthly Jan 1957 - Feb 2024
Estonia (USD mn) -217.8 Feb 2024 monthly Jan 1993 - Feb 2024
European Union (USD mn) 16,022.1 Feb 2024 monthly Jan 2002 - Feb 2024
Finland (USD mn) -300.0 Dec 2023 monthly Jan 1992 - Dec 2023
France (USD mn) -5,659.8 Feb 2024 monthly Jan 2000 - Feb 2024
Georgia (USD mn) -621.9 Mar 2024 monthly Jan 1995 - Mar 2024
Germany (USD mn) 23,053.8 Feb 2024 monthly Jan 1957 - Feb 2024
Ghana (USD mn) 112.7 Aug 2023 monthly Mar 2005 - Aug 2023
Greece (USD mn) -3,274.6 Feb 2024 monthly Jan 2002 - Feb 2024
Hong Kong SAR, China (USD mn) -5,753.7 Mar 2024 monthly Jan 1957 - Mar 2024
Hungary (USD mn) 1,641.5 Mar 2024 monthly Jan 1976 - Mar 2024
Iceland (USD mn) -198.6 Mar 2024 monthly Jan 1957 - Mar 2024
India (USD mn) -15,598.0 Mar 2024 monthly Jan 1957 - Mar 2024
Indonesia (USD mn) 4,473.1 Mar 2024 monthly Jan 1967 - Mar 2024
Iran (USD mn) 22,668.0 2021 yearly 1948 - 2021
Ireland (USD mn) 7,769.0 Feb 2024 monthly Jan 1970 - Feb 2024
Israel (USD mn) -1,988.9 Mar 2024 monthly Jan 1988 - Mar 2024
Italy (USD mn) 7,379.7 Jan 2024 monthly Jan 1993 - Jan 2024
Ivory Coast (USD mn) 3,879.5 Jan 2024 monthly Jan 1981 - Jan 2024
Japan (USD mn) -3,018.4 Feb 2024 monthly Apr 1995 - Feb 2024
Jordan (USD mn) -1,337.6 Feb 2024 monthly Jan 1972 - Feb 2024
Kazakhstan (USD mn) 2,336.4 Feb 2024 monthly Sep 1995 - Feb 2024
Kenya (USD mn) -957.2 Jan 2024 monthly Oct 1992 - Jan 2024
South Korea (USD mn) 1,529.1 Apr 2024 monthly Jan 1966 - Apr 2024
Kosovo (USD mn) -478.0 Mar 2024 monthly Jan 2003 - Mar 2024
Kuwait (USD mn) 3,739.7 Jan 2024 monthly Jan 1993 - Jan 2024
Kyrgyzstan (USD mn) -833.7 Feb 2024 monthly Jan 2002 - Feb 2024
Laos (USD mn) 97.3 Sep 2023 quarterly Dec 1992 - Sep 2023
Latvia (USD mn) -259.2 Feb 2024 monthly Jan 1995 - Feb 2024
Lebanon (USD mn) -397.4 Aug 2023 monthly Jan 1993 - Aug 2023
Lithuania (USD mn) -125.5 Feb 2024 monthly Jan 1999 - Feb 2024
Luxembourg (USD mn) -705.7 Feb 2024 monthly Jan 1988 - Feb 2024
Macau SAR, China (USD mn) -1,258.7 Mar 2024 monthly Jan 1998 - Mar 2024
North Macedonia (USD mn) -309.5 Feb 2024 monthly Dec 1993 - Feb 2024
Malawi (USD mn) -42.8 Feb 2023 monthly Jan 1964 - Feb 2023
Malaysia (USD mn) 1,629.0 Mar 2024 monthly Jan 1990 - Mar 2024
Malta (USD mn) -188.9 Feb 2024 monthly Jan 1960 - Feb 2024
Mauritius (USD mn) -310.5 Jan 2024 monthly Jan 2006 - Jan 2024
Mexico (USD mn) -1,582.9 Mar 2024 monthly Jan 1993 - Mar 2024
Moldova (USD mn) -424.7 Feb 2024 monthly Jan 1992 - Feb 2024
Mongolia (USD mn) 657.2 Mar 2024 monthly Jan 1997 - Mar 2024
Montenegro (USD mn) -306.1 Mar 2024 monthly Jan 2005 - Mar 2024
Morocco (USD mn) -2,003.1 Mar 2024 monthly Jan 1957 - Mar 2024
Mozambique (USD mn) 89.3 Dec 2023 monthly Jan 2011 - Dec 2023
Myanmar (USD mn) 183.9 Jul 2022 monthly Jan 1957 - Jul 2022
Nepal (USD mn) -893.2 Mar 2024 monthly Aug 1974 - Mar 2024
Netherlands (USD mn) 14,776.7 Mar 2024 monthly Jan 1996 - Mar 2024
New Zealand (USD mn) 357.3 Mar 2024 monthly Jan 1960 - Mar 2024
Nigeria (USD mn) 1,889.4 Sep 2023 monthly Jan 2003 - Sep 2023
Norway (USD mn) 6,027.3 Mar 2024 monthly Jan 1957 - Mar 2024
Oman (USD mn) 2,124.8 Feb 2024 monthly Jan 1975 - Feb 2024
Pakistan (USD mn) -2,374.0 Apr 2024 monthly Jan 1968 - Apr 2024
Palestinian Territory (USD mn) -360.5 Feb 2024 monthly Jan 2011 - Feb 2024
Panama (USD mn) -1,081.5 Mar 2024 monthly Jan 1964 - Mar 2024
Paraguay (USD mn) 95.4 Mar 2024 monthly Jan 1994 - Mar 2024
Peru (USD mn) 1,350.6 Feb 2024 monthly Jan 1985 - Feb 2024
Philippines (USD mn) -3,647.5 Feb 2024 monthly Jan 1957 - Feb 2024
Poland (USD mn) 769.9 Feb 2024 monthly Jan 1986 - Feb 2024
Portugal (USD mn) -2,543.2 Feb 2024 monthly Jan 1957 - Feb 2024
Qatar (USD mn) 4,835.7 Mar 2024 monthly Jan 2014 - Mar 2024
Romania (USD mn) -2,346.4 Feb 2024 monthly Aug 1990 - Feb 2024
Russia (USD mn) 10,731.9 Jan 2023 monthly Jan 1998 - Jan 2023
Saudi Arabia (USD mn) 113,078.6 2023 yearly 1957 - 2023
Serbia (USD mn) -774.5 Mar 2024 monthly Jan 2001 - Mar 2024
Singapore (USD mn) 3,473.4 Mar 2024 monthly Jan 1976 - Mar 2024
Slovakia (USD mn) 700.9 Feb 2024 monthly Jan 2004 - Feb 2024
Slovenia (USD mn) 68.3 Mar 2024 monthly Nov 1991 - Mar 2024
South Africa (USD mn) 738.4 Feb 2024 monthly Oct 2004 - Feb 2024
Spain (USD mn) -3,433.0 Feb 2024 monthly Mar 1974 - Feb 2024
Sri Lanka (USD mn) -368.8 Mar 2024 monthly Jan 1982 - Mar 2024
Sudan (USD mn) -829.9 Dec 2022 monthly Jan 2003 - Dec 2022
Sweden (USD mn) 461.0 Mar 2024 monthly Jan 1957 - Mar 2024
Switzerland (USD mn) 3,209.9 Mar 2024 monthly Jan 1957 - Mar 2024

Accurate Macro & Micro Economic Data You Can Trust

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

Learn more about what we do

Iran Key Series

Buy Selected Data

Includes 158 key indicators for Iran, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.3 Mar 2021 quarterly Mar 2006 - Mar 2021
Consolidated Fiscal Balance (USD mn) -13,054.478 Mar 2020 quarterly Jun 2005 - Mar 2020
Tax Revenue (USD mn) 49,233.333 2020 yearly 1996 - 2020
Tax Revenue: % of GDP (%) 5.1 2020 yearly 1996 - 2020
Government Debt: % of GDP (%) 8.3 Sep 2023 quarterly Mar 1998 - Sep 2023
Forecast: Government Expenditure (IRR bn) 120,935,593.881 2030 yearly 1991 - 2030
Forecast: Government Net Debt (IRR bn) 201,591,565.280 2029 yearly 1997 - 2029
Forecast: Government Revenue (IRR bn) 49,697,235.080 2029 yearly 1991 - 2029
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) -0.334 2028 yearly 1980 - 2028
Trade Balance (USD mn) 22,668.0 2021 yearly 1948 - 2021
Total Exports (USD mn) 71,646.0 2021 yearly 1948 - 2021
Total Exports Growth (%) 52.7 2021 yearly 1949 - 2021
Aluminum: Exports (USD th) 960,124.146 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 74,489.339 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 118,020.140 2022 yearly 1995 - 2022
Total Imports (USD mn) 60,308.7 2023 yearly 1979 - 2023
Total Imports Growth (%) 13.8 2023 yearly 1980 - 2023
Imports: Medicament (USD th) 983,181.900 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 737,849.362 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 3.231 Jan 2024 monthly Feb 2016 - Jan 2024
Total Imports from USA (USD mn) 15.441 Jan 2024 monthly May 2001 - Jan 2024
Total Exports to China (USD mn) 393.205 Jan 2024 monthly Dec 1990 - Jan 2024
Total Imports from China (USD mn) 1,705.501 Jan 2024 monthly Jan 1981 - Jan 2024
Exports: Industrial Goods (IG) (USD mn) 34,704.000 2020 yearly 1979 - 2020
Exports: IG: Plastic Materials and Their Products (USD mn) 4,333.000 2020 yearly 2002 - 2020
Exports (USD mn) 54,139.404 2023 yearly 1979 - 2023
Exports: Russia (USD mn) 504.580 2021 yearly 1995 - 2021
Exports: Iraq (USD mn) 7,448.430 2021 yearly 1995 - 2021
Exports: China (USD mn) 9,077.120 2021 yearly 1995 - 2021
Exports: Germany (USD mn) 233.060 2021 yearly 1995 - 2021
Imports: Chemicals (USD mn) 6,212.880 2021 yearly 1979 - 2021
Imports: Machinery and Transportation Vehicles (MT) (USD mn) 13,616.510 2021 yearly 1979 - 2021
Imports: Mineral Products, Fuels, Industrial Oils and Grease (MP) (USD mn) 487.690 2021 yearly 1979 - 2021
Imports: Foodstuffs and Live Animals (FA) (USD mn) 7,670.380 2021 yearly 1979 - 2021
Imports: Miscellaneous Finished Products (MF) (USD mn) 1,455.590 2021 yearly 1979 - 2021
Imports: Natural Gas (Cub m bn) 0.300 2021 yearly 1974 - 2021
Imports: China (USD mn) 9,843.010 2021 yearly 1995 - 2021
Imports: Germany (USD mn) 1,851.170 2021 yearly 1995 - 2021
Imports: Turkey (USD mn) 4,400.090 2021 yearly 1995 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 156.0 2018 yearly 1997 - 2018
Current Account Balance (USD mn) 14,204.8 2023 yearly 1997 - 2023
Current Account Balance: % of GDP (%) 0.6 2023 yearly 1997 - 2023
Foreign Direct Investment (USD mn) 838.3 2021 yearly 1997 - 2021
Foreign Direct Investment: % of GDP (%) 0.1 2021 yearly 1997 - 2021
Foreign Portfolio Investment (USD mn) 45.600 2021 yearly 1997 - 2021
Foreign Portfolio Investment: % of GDP (%) 0.0 2020 yearly 1997 - 2020
External Debt (USD mn) 6,281.7 2023 yearly 1994 - 2023
External Debt: % of GDP (%) 0.3 2023 yearly 1994 - 2023
External Debt: Short Term (USD mn) 1,792.1 2023 yearly 1994 - 2023
External Debt: Short Term: % of GDP (%) 0.1 2023 yearly 1994 - 2023
Forecast: Current Account Balance (USD bn) 18.440 2029 yearly 1980 - 2029
BoP: CA: Goods (USD mn) 22,246.787 2023 yearly 1998 - 2023
BoP: CA: Current Transfers (USD mn) -297.584 2023 yearly 1998 - 2023
BoP: CA: Current Transfers: Debit (USD mn) 387.400 2022 yearly 1998 - 2022
BoP: CA: Errors and Omissions (USD mn) 4,897.120 2023 yearly 1998 - 2023
BoP: CA: CF: Capital Account: Credit (USD mn) 0.000 2021 yearly 1998 - 2021
BoP: CA: Income: Credit (USD mn) 1,276.200 2022 yearly 1998 - 2022
BoP: CA: Services (USD mn) -6,691.163 2023 yearly 1998 - 2023
BoP: CA: Income (USD mn) -1,053.243 2023 yearly 1998 - 2023
BoP: CA: Income: Debit (USD mn) 1,770.800 2022 yearly 1998 - 2022
BoP: CA: Current Transfers: Credit (USD mn) 1,540.830 2022 yearly 1998 - 2022
BoP: CA: CF: Capital Account: Debit (USD mn) -5,888.600 2021 yearly 1998 - 2021
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 7.3 Sep 2023 monthly Jan 2011 - Sep 2023
Money Supply M1 (USD mn) 458,900.000 Feb 2024 monthly Dec 1999 - Feb 2024
Money Supply M2 (USD mn) 1,852,283.333 Feb 2024 monthly Dec 1999 - Feb 2024
M2 Growth (%) 27.5 Feb 2024 monthly Dec 2000 - Feb 2024
Reserve Requirement Ratio (%) 10.0 Feb 2024 monthly Mar 2008 - Feb 2024
Total Deposits (USD mn) 1,479.779 2022 yearly 1973 - 2022
Total Deposits Growth (%) 31.0 2022 yearly 1974 - 2022
Domestic Credit (USD mn) 276,897.2 Feb 2017 monthly Jan 1964 - Feb 2017
Domestic Credit Growth (%) 25.8 Feb 2017 monthly Jan 1965 - Feb 2017
Total Loans (USD mn) 236,845.352 2016 yearly 1967 - 2016
Total Loans Growth (%) 23.00 2016 yearly 1968 - 2016
Private Debt: % of Nominal GDP (%) 60.30 2016 yearly 1961 - 2016
Money Supply: Monetary Base (IRR bn) 10,335,100.000 Jan 2024 monthly Dec 1999 - Jan 2024
Money Supply: M2: M1 (IRR bn) 18,433,000.000 Jan 2024 monthly Dec 1999 - Jan 2024
Money Supply: M2: Quasi Money (IRR bn) 57,286,000.000 Jan 2024 monthly Dec 1999 - Jan 2024

More Indicators for Iran

Request a demo of CEIC

CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.

Request a demo
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.
Unlimited access tailored to your data needs
Flexible monthly access to CEIC data