Iran (IRN) and Italy (ITA) Trade | The Observatory of Economic Complexity

About

Iran-Italy In 2022, Iran exported $160M to Italy. The main products that Iran exported to Italy are Other Cast Iron Products ($27.1M), Ethylene Polymers ($19.4M), and Other Nuts ($16.8M). During the last 27 years the exports of Iran to Italy have decreased at an annualized rate of 8.08%, from $1.56B in 1995 to $160M in 2022.

In 2022, Iran did not export any services to Italy.

Italy-Iran In 2022, Italy exported $580M to Iran. The main products that Italy exported to Iran were Vaccines, blood, antisera, toxins and cultures ($27.8M), Washing and Bottling Machines ($20.8M), and Valves ($18.9M). During the last 27 years the exports of Italy to Iran have increased at an annualized rate of 0.56%, from $499M in 1995 to $580M in 2022.

In 2009, Italy exported services to Iran worth $321M, with Services not allocated ($161M), Other business services ($60.7M), and Travel ($41.9M) being the largest in terms of value.

Comparison In 2022, Iran ranked 58 in the Economic Complexity Index (ECI 0.071), and 86 in total exports ($15.9B). That same year, Italy ranked 18 in the Economic Complexity Index (ECI 1.24), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Iran exported $160M to Italy. The main products exported from Iran to Italy were Other Cast Iron Products ($27.1M), Ethylene Polymers ($19.4M), and Other Nuts ($16.8M). During the last 27 years the exports of Iran to Italy have decreased at an annualized rate of 8.08%, from $1.56B in 1995 to $160M in 2022.

In 2022, Italy exported $580M to Iran. The main products exported from Italy to Iran were Vaccines, blood, antisera, toxins and cultures ($27.8M), Washing and Bottling Machines ($20.8M), and Valves ($18.9M). During the last 27 years the exports of Italy to Iran have increased at an annualized rate of 0.56%, from $499M in 1995 to $580M in 2022.

Exports from Iran () to Italy () (2022)

Exports from Italy () to Iran () (2022)

Latest Data

Trade between Iran () and Italy ()

Italy Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Iran
Top DestinationChina$5.72B

Italy
Top DestinationGermany$78.5B

This map shows whether countries import more from Iran or Italy. Each country is colored based on the difference in imports they receive from Iran and Italy or the difference in the growth in imports.

In 2021, countries that imported more from Iran than Italy were Armenia ($557M), Azerbaijan ($454M), and Pakistan ($762M).

In 2021, countries that imported more from Italy than Iran were Germany ($78.5B), United States ($68.2B), and France ($63.8B).

Difference in imports from Italy () and Iran () (2022)

Comparative Advantage Iran - Italy

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Iran and Italy by product, considering products traded by both, Iran and Italy.

During 2022, Iran had a large net trade with Italy in the exports of Metals ($44.8M), Vegetable Products ($33M), and Plastics and Rubbers ($30.5M).

During 2022, Italy had a large net trade with Iran in the exports of Machines ($298M), Chemical Products ($118M), and Instruments ($38.3M).

Service Trade

Bilateral Service Trade

Ita Year

In 2009, Italy exported services to Iran worth $321M, with Services not allocated ($161M), Other business services ($60.7M), and Travel ($41.9M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Italy () to Iran () (2009)

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Iran has comparative advantage over Italy. Similarly, the more yellow a dot/product is, the more Italy has comparative advantage over Iran.

About

Historical Data

Bilateral Trade by Products

Exports from Iran () to Italy () (2022)

Exports from Italy () to Iran () (2022)

Latest Data

Trade between Iran () and Italy ()

Italy Exports

Market Competitiveness

Difference in imports from Italy () and Iran () (2022)

Comparative Advantage Iran - Italy

Service Trade

Bilateral Service Trade

Services Exports from Italy () to Iran () (2009)

Economic Complexity

Competitive Landscape

Product Space of Iran () and Italy () (2022)

Keep Exploring