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Iran is the 49th largest export economy in the world. In 2016, Iran exported $40.6B and imported $54.2B, resulting in a negative trade balance of $13.6B. In 2016 the GDP of Iran was $418B and its GDP per capita was $19.9k.

The top exports of Iran are Crude Petroleum ($25.7B), Ethylene Polymers ($2.42B), Refined Petroleum ($1.35B), Acyclic Alcohols ($1.18B) and Other Nuts ($764M), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Cars ($3.18B), Vehicle Parts ($1.53B), Gold ($1.35B), Synthetic Filament Yarn Woven Fabric ($1.15B) and Jewellery ($1.02B).

The top export destinations of Iran are China ($13.4B), India ($7.51B), South Korea ($4.16B), Japan ($2.97B) and France ($1.39B). The top import origins are China ($16.4B), the United Arab Emirates ($8.81B), Turkey ($4.92B), South Korea ($3.72B) and Germany ($2.78B).

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.

Economic Complexity of Iran

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