Chemicals, Fruits, Plastic, Ceremic products, Metals
BUSINESS OPPORTUNITIES IN IRAN
Imports in Iran amounted to around $8.4 billion in 2019, which was a decrease of -48.5%since 2015 and -13% between 2018 and 2019. China makes for 18% of the imports of Iran, also making it the country’s largest importer, followed by Saudi Arabia at 13% and the United States at 9%. The exports between Iran and the EU members from January to March 2020 was at Euros 1.16 billion which is a 0.22% decline when compared with the first quarter in 2019, as per Eurostat. On the other hand, the imports of Iran decreased to INR 0.63 billion in May 2020 as compared to INR 1.56 billion in April 2020.
The main exports of Iran are oil and natural gas which accounts for around 82% of the total export revenues, followed by fruits, plastics, chemicals, etc. The main export partners of Iran are China, Japan and Turkey