Iran Trade Balance
1948 - 2023 | Yearly | USD mn | CEIC Data
Key information about Iran's Trade Balance
- Iran's Trade Balance recorded a surplus of 31.3 USD bn in Dec 2023, compared with a surplus of 39.3 USD bn in the previous year
- Iran's Trade Balance data is updated yearly, available from Dec 1948 to Dec 2023, with an averaged value of 775.5 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
Further information about Iran's Trade Balance
- In the latest reports, Iran's Total Exports reached 97.4 USD bn in Dec 2023, a decrease of 13.8% YoY (year-on-year)
- Total Imports recorded 60.3 USD bn in Mar 2023, an increase of 13.8% YoY (year-on-year)
View Iran's Trade Balance from 1948 to 2023 in the chart:
What was Iran's Trade Balance in 2023?
Iran's Trade Balance recorded a surplus of 31.3 USD bn in Dec 2023, compared with a surplus of 39.3 USD bn in the previous year See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 31,327.0 2023 | 39,300.0 2022 | -9,266.0 1991 | 69,740.0 2011 | USD mn | yearly | 1948 - 2023 |
Trade Balance by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (USD mn) | -568.9 Dec 2024 | monthly | Oct 1998 - Dec 2024 |
| Algeria (USD mn) | -274.8 Mar 2020 | monthly | Jan 2000 - Mar 2020 |
| Argentina (USD mn) | 1,017.6 Dec 2024 | monthly | Jan 1991 - Dec 2024 |
| Armenia (USD mn) | -374.1 Dec 2024 | monthly | Nov 1995 - Dec 2024 |
| Australia (USD mn) | 3,220.8 Dec 2024 | monthly | Jul 1971 - Dec 2024 |
| Austria (USD mn) | -201.5 Nov 2024 | monthly | Jan 1957 - Nov 2024 |
| Azerbaijan (USD mn) | -700.0 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
| Bahrain (USD mn) | 4,501.7 2023 | yearly | 1966 - 2023 |
| Bangladesh (USD mn) | -1,555.5 Nov 2024 | monthly | Jul 1986 - Nov 2024 |
| Belarus (USD mn) | -360.8 Nov 2024 | monthly | Jan 2000 - Nov 2024 |
| Belgium (USD mn) | 583.0 Nov 2024 | monthly | Jan 1993 - Nov 2024 |
| Bolivia (USD mn) | -46.9 Nov 2024 | monthly | Oct 1994 - Nov 2024 |
| Bosnia and Herzegovina (USD mn) | -571.8 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
| Botswana (USD mn) | -502.7 Nov 2024 | monthly | Jan 2001 - Nov 2024 |
| Brazil (USD mn) | 4,803.3 Dec 2024 | monthly | Jan 1959 - Dec 2024 |
| Brunei (USD mn) | 321.0 Nov 2024 | monthly | Jan 2010 - Nov 2024 |
| Bulgaria (USD mn) | -969.8 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
| Cambodia (USD mn) | -289.8 Dec 2024 | monthly | Jun 2013 - Dec 2024 |
| Canada (USD mn) | 497.1 Dec 2024 | monthly | Jan 1988 - Dec 2024 |
| Chile (USD mn) | 2,390.4 Dec 2024 | monthly | Jan 1968 - Dec 2024 |
| China (USD mn) | 104,837.9 Dec 2024 | monthly | Jan 1992 - Dec 2024 |
| Colombia (USD mn) | -1,178.2 Dec 2024 | monthly | Jan 1958 - Dec 2024 |
| Croatia (USD mn) | -1,379.3 Nov 2024 | monthly | Jan 1993 - Nov 2024 |
| Cyprus (USD mn) | -659.7 Sep 2024 | monthly | Jan 1957 - Sep 2024 |
| Czech Republic (USD mn) | 2,310.1 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
| Denmark (USD mn) | 3,687.6 Nov 2024 | monthly | Jan 1997 - Nov 2024 |
| Ecuador (USD mn) | 487.9 Nov 2024 | monthly | Mar 1992 - Nov 2024 |
| Egypt (USD mn) | -4,151.0 Dec 2024 | monthly | Jan 1957 - Dec 2024 |
| Estonia (USD mn) | -175.9 Nov 2024 | monthly | Jan 1993 - Nov 2024 |
| European Union (USD mn) | 11,366.9 Nov 2024 | monthly | Jan 2002 - Nov 2024 |
| Finland (USD mn) | 138.1 Nov 2024 | monthly | Jan 1992 - Nov 2024 |
| France (USD mn) | -4,089.3 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
| Georgia (USD mn) | -1,106.1 Dec 2024 | monthly | Jan 1995 - Dec 2024 |
| Germany (USD mn) | 21,677.0 Dec 2024 | monthly | Jan 1957 - Dec 2024 |
| Ghana (USD mn) | 542.1 Oct 2024 | monthly | Mar 2005 - Oct 2024 |
| Greece (USD mn) | -3,240.7 Dec 2024 | monthly | Jan 2002 - Dec 2024 |
| Hong Kong SAR, China (USD mn) | -4,437.8 Dec 2024 | monthly | Jan 1957 - Dec 2024 |
| Hungary (USD mn) | 405.4 Dec 2024 | monthly | Jan 1976 - Dec 2024 |
| Iceland (USD mn) | -147.7 Jan 2025 | monthly | Jan 1957 - Jan 2025 |
| India (USD mn) | -21,940.0 Dec 2024 | monthly | Jan 1957 - Dec 2024 |
| Indonesia (USD mn) | 3,451.8 Jan 2025 | monthly | Jan 1967 - Jan 2025 |
| Iran (USD mn) | 31,327.0 2023 | yearly | 1948 - 2023 |
| Ireland (USD mn) | 10,843.5 Oct 2024 | monthly | Jan 1970 - Oct 2024 |
| Israel (USD mn) | -4,294.9 Dec 2024 | monthly | Jan 1988 - Dec 2024 |
| Italy (USD mn) | 4,085.9 Nov 2024 | monthly | Jan 1993 - Nov 2024 |
| Ivory Coast (USD mn) | 212.9 Oct 2024 | monthly | Jan 1981 - Oct 2024 |
| Japan (USD mn) | -214.3 Dec 2024 | monthly | Apr 1995 - Dec 2024 |
| Jordan (USD mn) | -1,236.9 Nov 2024 | monthly | Jan 1972 - Nov 2024 |
| Kazakhstan (USD mn) | 243.3 Nov 2024 | monthly | Sep 1995 - Nov 2024 |
| Kenya (USD mn) | -1,095.4 Nov 2024 | monthly | Oct 1992 - Nov 2024 |
| South Korea (USD mn) | -1,887.0 Jan 2025 | monthly | Jan 1966 - Jan 2025 |
| Kosovo (USD mn) | -492.9 Dec 2024 | monthly | Jan 2003 - Dec 2024 |
| Kuwait (USD mn) | 2,745.4 Sep 2024 | monthly | Jan 1993 - Sep 2024 |
| Kyrgyzstan (USD mn) | -538.2 Nov 2024 | monthly | Jan 2002 - Nov 2024 |
| Laos (USD mn) | 178.6 Sep 2024 | quarterly | Dec 1992 - Sep 2024 |
| Latvia (USD mn) | -132.6 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
| Lebanon (USD mn) | -1,062.6 Dec 2023 | monthly | Jan 1993 - Dec 2023 |
| Lithuania (USD mn) | -682.6 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
| Luxembourg (USD mn) | -767.9 Nov 2024 | monthly | Jan 1988 - Nov 2024 |
| Macau SAR, China (USD mn) | -1,257.9 Dec 2024 | monthly | Jan 1998 - Dec 2024 |
| North Macedonia (USD mn) | -388.4 Dec 2024 | monthly | Dec 1993 - Dec 2024 |
| Malawi (USD mn) | -152.1 Nov 2024 | monthly | Jan 1964 - Nov 2024 |
| Malaysia (USD mn) | 3,061.5 Dec 2024 | monthly | Jan 1990 - Dec 2024 |
| Malta (USD mn) | -144.7 Nov 2024 | monthly | Jan 1960 - Nov 2024 |
| Mauritius (USD mn) | -399.2 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
| Mexico (USD mn) | -684.1 Dec 2024 | monthly | Jan 1993 - Dec 2024 |
| Moldova (USD mn) | -575.5 Dec 2024 | monthly | Jan 1992 - Dec 2024 |
| Mongolia (USD mn) | 159.3 Dec 2024 | monthly | Jan 1997 - Dec 2024 |
| Montenegro (USD mn) | -297.4 Dec 2024 | monthly | Jan 2005 - Dec 2024 |
| Morocco (USD mn) | -3,067.2 Dec 2024 | monthly | Jan 1957 - Dec 2024 |
| Mozambique (USD mn) | 106.5 Jun 2024 | monthly | Jan 2011 - Jun 2024 |
| Myanmar (USD mn) | 183.9 Jul 2022 | monthly | Jan 1957 - Jul 2022 |
| Nepal (USD mn) | -992.9 Jan 2025 | monthly | Aug 1974 - Jan 2025 |
| Netherlands (USD mn) | 10,772.5 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
| New Zealand (USD mn) | 125.7 Dec 2024 | monthly | Jan 1960 - Dec 2024 |
| Nigeria (USD mn) | 1,027.6 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Norway (USD mn) | 7,413.9 Dec 2024 | monthly | Jan 1957 - Dec 2024 |
| Oman (USD mn) | 1,456.4 Nov 2024 | monthly | Jan 1975 - Nov 2024 |
| Pakistan (USD mn) | -2,475.2 Dec 2024 | monthly | Jan 1968 - Dec 2024 |
| Palestinian Territory (USD mn) | -364.2 Nov 2024 | monthly | Jan 2011 - Nov 2024 |
| Panama (USD mn) | -994.3 Nov 2024 | monthly | Jan 1964 - Nov 2024 |
| Paraguay (USD mn) | -368.8 Dec 2024 | monthly | Jan 1994 - Dec 2024 |
| Peru (USD mn) | 2,424.4 Nov 2024 | monthly | Jan 1985 - Nov 2024 |
| Philippines (USD mn) | -4,135.8 Dec 2024 | monthly | Jan 1957 - Dec 2024 |
| Poland (USD mn) | -1,121.7 Nov 2024 | monthly | Jan 1986 - Nov 2024 |
| Portugal (USD mn) | -2,657.5 Nov 2024 | monthly | Jan 1957 - Nov 2024 |
| Qatar (USD mn) | 5,062.9 Dec 2024 | monthly | Jan 2014 - Dec 2024 |
| Romania (USD mn) | -3,013.9 Nov 2024 | monthly | Aug 1990 - Nov 2024 |
| Russia (USD mn) | 9,758.0 Oct 2024 | monthly | Jan 1998 - Oct 2024 |
| Saudi Arabia (USD mn) | 113,078.6 2023 | yearly | 1957 - 2023 |
| Serbia (USD mn) | -1,340.6 Dec 2024 | monthly | Jan 2001 - Dec 2024 |
| Singapore (USD mn) | 2,854.2 Dec 2024 | monthly | Jan 1976 - Dec 2024 |
| Slovakia (USD mn) | -733.6 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
| Slovenia (USD mn) | -924.0 Dec 2024 | monthly | Nov 1991 - Dec 2024 |
| South Africa (USD mn) | 848.6 Dec 2024 | monthly | Oct 2004 - Dec 2024 |
| Spain (USD mn) | -5,923.4 Nov 2024 | monthly | Dec 1974 - Nov 2024 |
| Sri Lanka (USD mn) | -822.7 Dec 2024 | monthly | Jan 1982 - Dec 2024 |
| Sudan (USD mn) | -829.9 Dec 2022 | monthly | Jan 2003 - Dec 2022 |
| Sweden (USD mn) | 564.4 Dec 2024 | monthly | Jan 1957 - Dec 2024 |
| Switzerland (USD mn) | 3,564.9 Dec 2024 | monthly | Jan 1957 - Dec 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 doIran Key Series
| 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) | 77,585.714 2021 | yearly | 1996 - 2021 |
| Tax Revenue: % of GDP (%) | 4.9 2021 | yearly | 1996 - 2021 |
| Government Debt: % of GDP (%) | 7.5 Dec 2023 | quarterly | Mar 1998 - Dec 2023 |
| Forecast: Government Expenditure (IRR bn) | 102,170,609.775 2030 | yearly | 1991 - 2030 |
| Forecast: Government Net Debt (IRR bn) | 254,852,164.063 2030 | yearly | 1997 - 2030 |
| Forecast: Government Revenue (IRR bn) | 85,465,973.079 2030 | yearly | 1991 - 2030 |
| Govt Revenues excl Special Rev: Tax: on Goods & Services: Value Added (IRR bn) | 813,300.000 2022 | yearly | 2009 - 2022 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | -0.334 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 31,327.0 2023 | yearly | 1948 - 2023 |
| Total Exports (USD mn) | 97,358.0 2023 | yearly | 1948 - 2023 |
| Total Exports Growth (%) | -0.5 2023 | yearly | 1949 - 2023 |
| Aluminum: Exports (USD th) | 965,315.701 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 127,665.499 2023 | yearly | 1995 - 2023 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 175,185.206 2023 | yearly | 1995 - 2023 |
| Total Imports (USD mn) | 60,308.7 2023 | yearly | 1979 - 2023 |
| Total Imports Growth (%) | 13.8 2023 | yearly | 1980 - 2023 |
| Imports: Medicament (USD th) | 954,511.662 2023 | yearly | 1995 - 2023 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 1,369,188.228 2023 | yearly | 1995 - 2023 |
| Total Exports to USA (USD mn) | 0.485 Oct 2024 | monthly | Feb 2016 - Oct 2024 |
| Total Imports from USA (USD mn) | 6.875 Oct 2024 | monthly | May 2001 - Oct 2024 |
| Total Exports to China (USD mn) | 379.199 Oct 2024 | monthly | Dec 1990 - Oct 2024 |
| Total Imports from China (USD mn) | 919.566 Oct 2024 | monthly | Jan 1981 - Oct 2024 |
| Exports (USD mn) | 54,139.404 2023 | yearly | 1979 - 2023 |
| Exports: Industrial Goods (IG) (USD mn) | 42,828.000 2022 | yearly | 1979 - 2022 |
| Exports: IG: Plastic Materials and Their Products (USD mn) | 6,321.000 2022 | yearly | 2002 - 2022 |
| Exports: United Arab Emirates (USD mn) | 6,203.283 2023 | yearly | 1995 - 2023 |
| Exports: Germany (USD mn) | 160.754 2023 | yearly | 1995 - 2023 |
| Exports: Iraq (USD mn) | 10,282.049 2023 | yearly | 1995 - 2023 |
| Exports: Russia (USD mn) | 751.406 2023 | yearly | 1995 - 2023 |
| Exports: China (USD mn) | 14,733.093 2023 | yearly | 1995 - 2023 |
| Imports: Chemicals (USD mn) | 8,293.950 2023 | yearly | 1979 - 2023 |
| Imports: Miscellaneous Finished Products (MF) (USD mn) | 1,999.762 2023 | yearly | 1979 - 2023 |
| Imports: Mineral Products, Fuels, Industrial Oils and Grease (MP) (USD mn) | 1,199.467 2023 | yearly | 1979 - 2023 |
| Imports: Foodstuffs and Live Animals (FA) (USD mn) | 12,739.158 2023 | yearly | 1979 - 2023 |
| Imports: Machinery and Transportation Vehicles (MT) (USD mn) | 21,336.362 2023 | yearly | 1979 - 2023 |
| Imports: Natural Gas (Cub m bn) | 0.300 2021 | yearly | 1974 - 2021 |
| Imports: China (USD mn) | 15,830.236 2023 | yearly | 1995 - 2023 |
| Imports: Germany (USD mn) | 2,023.231 2023 | yearly | 1995 - 2023 |
| Imports: Turkey (USD mn) | 6,136.800 2023 | yearly | 1995 - 2023 |
| Imports: Russia (USD mn) | 1,581.841 2023 | yearly | 1995 - 2023 |
| Imports: United Arab Emirates (USD mn) | 18,542.087 2023 | yearly | 1995 - 2023 |
| Import Value Index (2015=100) | 108.993 2021 | yearly | 1980 - 2021 |
| Export Value Index (2015=100) | 101.950 2021 | yearly | 1980 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 8.3 Dec 2023 | monthly | Jan 2011 - Dec 2023 |
| Money Supply M1 (USD mn) | 48,364.746 Jun 2024 | monthly | Dec 1999 - Jun 2024 |
| Money Supply M2 (USD mn) | 211,714.780 Jun 2024 | monthly | Dec 1999 - Jun 2024 |
| M2 Growth (%) | 26.8 Jun 2024 | monthly | Dec 2000 - Jun 2024 |
| Reserve Requirement Ratio (%) | 10.0 May 2024 | monthly | Mar 2008 - May 2024 |
| Total Deposits (USD mn) | 422,314.955 2023 | yearly | 1973 - 2023 |
| Total Deposits Growth (%) | 17.3 2023 | yearly | 1974 - 2023 |
| 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) | 11,130,300.000 Jun 2024 | monthly | Dec 1999 - Jun 2024 |
| Money Supply: M2: M1 (IRR bn) | 19,084,100.000 Jun 2024 | monthly | Dec 1999 - Jun 2024 |
| Money Supply: M2: Quasi Money (IRR bn) | 63,003,300.000 Jun 2024 | monthly | Dec 1999 - Jun 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.
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.