2022
Exports
$5.6MWorld Rnk 75 / 224
Flag Rnk 179 / 1061
2022
PRODUCT COMPLEXITY IN Valves
1.35Rnk 81 / 1025
2022
Imports
$246MWorld Rnk 57 / 224
Flag Rnk 24 / 1116
2022
ECONOMIC COMPLEXITY of Iran
0.072Rnk 60 / 133

About

Exports In 2022, Iran exported $5.6M in Valves, making it the 75th largest exporter of Valves in the world. At the same year, Valves was the 179th most exported product in Iran. The main destination of Valves exports from Iran are: Turkey ($2.49M), Italy ($490k), Armenia ($461k), India ($382k), and Georgia ($365k).

The fastest growing export markets for Valves of Iran between 2021 and 2022 were Turkey ($796k), India ($382k), and Georgia ($299k).

Imports In 2022, Iran imported $246M in Valves, becoming the 57th largest importer of Valves in the world. At the same year, Valves was the 24th most imported product in Iran. Iran imports Valves primarily from: China ($125M), Spain ($29.6M), Turkey ($24.7M), Italy ($18.9M), and Germany ($14.8M).

The fastest growing import markets in Valves for Iran between 2021 and 2022 were China ($36.7M), Turkey ($4.99M), and Bulgaria ($4.64M).

Latest Trends

Mar 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Valves. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.6M
IMPORTS (2022)$246M
NET TRADE (2022)-$241M

In 2022, Iran exported $5.6M in Valves. The main destinations of Iran exports on Valves were Turkey ($2.49M), Italy ($490k), Armenia ($461k), India ($382k), and Georgia ($365k).

In 2022, Iran imported $246M in Valves, mainly from China ($125M), Spain ($29.6M), Turkey ($24.7M), Italy ($18.9M), and Germany ($14.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Valves EXPORT MARKETS FOR Iran WERE (2021 - 2022):
Turkey$796k (46.9%)
India$382k (1%)
Georgia$299k (450%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Valves BY Iran WERE (2021 - 2022):
Iraq-$11.8M (-100%)
Syria-$4.33M (-100%)
Afghanistan-$2.44M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iran's main exporting competitors in Valves were:
In 2022, Iran's main importing competitors in Valves were:

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Trade Value of Valves by Exporters

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