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Iran is the 60th largest export economy in the world. In 2015, Iran exported $31.8B and imported $43.9B, resulting in a negative trade balance of $12.2B.

The top exports of Iran are Crude Petroleum ($18.3B), Ethylene Polymers ($2.4B), Acyclic Alcohols ($1.27B), Other Nuts ($830M) and Peat ($694M), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Cars ($1.47B), Corn ($936M), Vehicle Parts ($932M), Jewellery ($885M) and Flat Flat-Rolled Steel ($860M).

The top export destinations of Iran are China ($14.5B), India ($5.66B), Japan ($2.89B), South Korea ($2.11B) and Turkey ($1.3B). The top import origins are China ($17.8B), South Korea ($3.76B), Turkey ($3.62B), India ($3.13B) and Germany ($2.19B).

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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