TradeImeX Releases Latest Iran Import-Export Data in Customs Report

TradeImeX, a leading global trade data intelligence platform, has released its latest Iran Import-Export Customs Data Report for 2024–25, offering detailed insights into Iran’s trade performance, export destinations, import composition, and emerging market trends, with a key focus on the latest Iran import data and Iran export data. 

According to the newly published TradeImeX report, Iran’s total export value surged significantly in 2024, driven by a rebound in crude oil shipments and steady growth in non-oil exports. Iran’s Imports also showed resilience, reflecting increased domestic demand for machinery, industrial goods, and essential commodities despite ongoing international sanctions. The newly published report on Iran customs data sheds light on the current structure of Iran’s international trade, major export destinations, key import partners, product-wise trade volumes, and economic trends shaping the country’s external sector.

Despite facing ongoing geopolitical challenges and international sanctions, Iran has demonstrated a remarkable resilience in trade, especially in the energy sector. The latest figures reveal that Iran’s total trade value has surpassed USD 182 billion during the 2024–25 period, signaling steady growth in exports and stable import demand across multiple sectors.

Highlights of the Iran Import-Export Customs Report 2024–25

• Total Trade Value: USD 182 billion 
• Total Exports: USD 112.6 billion
• Total Imports: USD 69.4 billion
• Trade Surplus: USD 25.4 billion
• Top Export Sector: Crude oil and petroleum products
• Top Import Sector: Machinery, electronics, food products, and pharmaceuticals
• Top Export Partners: China, India, UAE, Turkey, Iraq
• Top Import Partners: China, UAE, India, Turkey, Germany

Export Performance: Energy Continues to Drive Iran’s Economy

One of the most striking findings of the customs report is the dominant role of oil exports in Iran’s foreign trade. Iran exported approximately 1.47 million barrels per day of crude oil and condensates in 2024–25.

• Total Oil Export Revenue: USD 56.3 billion
• Oil Share in Total Exports: 57%
• Non-Oil Exports: USD 19.6 billion (43% of total exports)

Top export destinations for Iranian oil included China, India, and Turkey, followed by emerging buyers in Southeast Asia and the Middle East. The data indicates a 7.2% year-on-year growth in export value, mainly driven by stable demand from Asian markets and strategic discounting strategies that made Iranian crude competitive in global markets.

Non-oil exports such as petrochemicals, steel, fertilizers, minerals, agricultural products, and carpets have also gained momentum, indicating Iran’s gradual diversification efforts.

Top 5 Export Destinations in 2024–25

• China – USD 30.6 billion (29.3%)
• United Arab Emirates – USD 18.6 billion (17.8%)
• India – USD 13.1 billion (12.5%)
• Turkey – USD 9.8 billion (9.4%)
• Iraq – USD 8.2 billion (7.8%)

Other significant markets include Russia, Oman, Syria, and Afghanistan. Iran’s growing export ties with regional partners have cushioned its economy against sanctions-led disruptions.

Import Dynamics: Focus on Technology, Industrial Goods, and Food Security

Iran remains a net exporter, but its import demand plays a crucial role in sustaining its domestic industries, infrastructure development, and consumer markets.

The customs report reveals that total imports stood at USD 50.5 billion in 2024–25. A substantial portion of these imports consists of industrial machinery, vehicles, electronics, pharmaceuticals, and essential food commodities such as wheat and edible oils.

Top 5 Import Partners in 2024–25

• China – USD 18.2 billion (28.7%)
• UAE – USD 9.6 billion (15.1%)
• India – USD 5.4 billion (8.6%)
• Turkey – USD 4.3 billion (6.8%)
• Germany – USD 3.6 billion (5.7%)

Other key suppliers include Italy, South Korea, Russia, and Brazil. The strategic partnerships with Russia and China have grown notably, especially in the energy, defense, and technology sectors, reflecting Iran’s shift toward Eastern alliances.

Product-Wise Trade Insights

Top Exported Products

• Mineral fuels and oils – USD 37.8B
• Plastics and articles thereof – USD 12.6B
• Iron and steel – USD 10.2B
• Organic chemicals – USD 7.6B
• Fertilizers – USD 5.8B

Top Imported Products

• Nuclear reactors & machinery – USD 13.4B
• Electrical machinery & equipment – USD 9.4B
• Vehicles – USD 7.3B
• Pharmaceutical products – USD 5.7B
• Cereals – USD 4.6B

These figures underscore Iran’s heavy reliance on energy exports, balanced with strategic imports that support domestic production and infrastructure.

Geopolitical Context and Trade Adaptation

Iran’s trade performance in 2024–25 cannot be viewed in isolation from the global geopolitical landscape. Ongoing sanctions have restricted Tehran’s access to Western financial systems and markets. However, the emergence of alternative trade mechanisms, including barter trade, local currency settlements, and shadow shipping networks, has enabled Iran to sustain and even grow its export capacity.

Key developments shaping Iran’s trade landscape:

• Expanded oil shipments through indirect channels to Asia
• Increased bilateral trade agreements with Russia and China
• Boost in domestic manufacturing capacity to reduce dependency on imports
• Strengthening of the North-South Transport Corridor to facilitate faster and cheaper trade routes.

Strategic Trade Corridors and Infrastructure

Iran’s location at the crossroads of Asia, Europe, and the Middle East gives it immense strategic value as a trade hub. The customs report highlights major infrastructure and corridor developments, including:

• International North–South Transport Corridor (INSTC): A growing trade route linking India, Iran, Russia, and Europe, reducing freight costs by up to 30%.
• Expansion of Chabahar Port and improved connectivity with Central Asia.
• Investments in port infrastructure and customs modernization.

These initiatives are expected to significantly boost Iran’s role in global trade flows, particularly for energy, fertilizers, and transit goods.

Trade Forecast 2025–26: Steady Growth Expected

According to TradeImeX’s forecast model, Iran’s total trade is projected to reach USD 133–138 billion by the end of FY 2025–26, with oil exports remaining the dominant driver. Non-oil exports are also expected to see steady growth, especially in petrochemicals and mining products, supported by infrastructure investments and stronger ties with Asia and the Global South.

The import side is likely to grow modestly, primarily focused on industrial inputs and essential commodities. Key factors that could influence trade performance include:

• Global oil price movements
• Regional stability and shipping routes
• Sanction policies and diplomatic negotiations
• Technological advancements and domestic production capacity.

Expert Insights

Speaking on the release of the latest report, a spokesperson for TradeImeX said:

“Iran’s trade ecosystem is evolving rapidly, even in the face of persistent geopolitical pressure. Our data shows a clear pattern: energy exports remain strong, while non-oil sectors are slowly gaining ground. Iran is leveraging its strategic location and forging deeper partnerships with Asia to secure its trade future.”

They further added:

“Access to reliable customs data is crucial for global businesses, investors, and policymakers to understand shifting trade dynamics. Iran’s sustained trade flows indicate both resilience and opportunity in an otherwise complex global environment.”

About the Report

The Iran Import-Export Customs Report 2024–25 is a detailed analytical publication produced by TradeImeX, featuring:

• Monthly, quarterly, and annual trade statistics
• Product- and sector-wise trade breakdowns
• Partner country analysis
• Forecasts and trade outlook
• Exclusive market insights
• Customizable data access for businesses

The report is designed to help traders, policymakers, investors, and analysts gain actionable intelligence and data-backed insights to make informed decisions.

About TradeImeX

TradeImeX is a global trade intelligence platform & global trade data provider, specializing in providing high-quality import-export data, customs statistics, and market analysis for over 100+ countries. With a focus on accuracy, real-time insights, and strategic market intelligence, TradeImeX empowers businesses, governments, and trade professionals to make data-driven decisions & expand their global trade footprint.

• Headquarters: New Delhi, India
• Industry: International Trade Intelligence & Data Analytics
• Coverage: 100+ countries, 12,000+ product categories
• Data Sources: Customs records, port authorities, shipment manifests, and government trade publications.

End of Release

Disclaimer: The data presented in this release is based on TradeImeX’s verified analysis of official and third-party trade sources. Figures may be subject to revision as more information becomes available.

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