Top Import Trading Partners of Iran - Volza

Iran's primary import trading partners in 2023 include China (25% of imports, $8 billion), United Arab Emirates (20%, $6.4 billion), Turkey (12%, $3.8 billion), India (10%, $3.2 billion), and Germany (8%, $2.5 billion).

Key imports from these countries are machinery, electronics, pharmaceuticals, foodstuffs, and chemicals. Trade agreements such as the Preferential Trade Agreement with Turkey and bilateral agreements with China and India facilitate smoother trade flows.

Iran's economic indicators include a GDP growth rate of 3.5% and an inflation rate of 40%, impacting its import dynamics and trade policies. Strategic tariffs, government incentives for essential goods, and logistical advantages, including major ports like Bandar Abbas, support a balanced trade relationship, making Iran a vital import market for these partners. The country's focus on infrastructure development and diversification significantly influences its import landscape.