Iran

Iran Statistics

The Economy of Iran is a mixed and transition economy with a large public sector. It is the world’s eighteenth largest by purchasing power parity (PPP).
By land area, the country is the 17th largest in the world and the second largest in the Middle East. Iran shares its borders with Turkey, Iraq, Armenia, Pakistan, Afghanistan, Turkmenistan, and Azerbaijan. Iran also has a coastline along the Caspian Sea, the Gulf of Oman, as well as the Persian Gulf.
$ 1 crores
GDP in USD trillion
1 crores
Population (2019)
1 million
Area ( km. sq. )
Import Of Iran

In 2018 Iran imported a total of $50.4B, making it the number 51st trade destination in the world.
Main Import Countries

Export Of Iran

In 2018 Iran exported a total of $62.6B, making it the number 48th exporter in the world.
Main Export Countries

Major Sectors

Tourism Manufacturing Agriculture Oil and Gas Handicrafts

Although tourism declined significantly during the war with Iraq, it has subsequently recovered. About 1,659,000 foreign tourists visited Iran in 2004 and 2.3 million in 2009 mostly from Asian countries, including the republics of Central Asia, while about 10% came from the European Union and North America. The most popular tourist destinations are Mazandaran, Isfahan, Mashhad and Shiraz. In the early 2000s the industry faced serious limitations in infrastructure, communications, industry standards and personnel training. The majority of the 300,000 tourist visas granted in 2003 were obtained by Asian Muslims, who presumably intended to visit important pilgrimage sites in Mashhad and Qom. Several organized tours from Germany, France and other European countries come to Iran annually to visit archaeological sites and monuments. In 2003 Iran ranked 68th in tourism revenues worldwide. According to UNESCO and the deputy head of research for Iran Travel and Tourism Organization (ITTO), Iran is rated among the "10 most touristic countries in the world". Domestic tourism in Iran is one of the largest in the world.

Manufacturing in Iran began taking root in the 1920s and during the Iran-Iraq war most of the Industries in the country, particularly the petrochemical plants, were heavily damaged. The oil refinery in the country came to a halt when Iraq bombed the Abadan oil refinery. However, the reconstruction began in 1988 and by 1993 most productions in the Industries had resumed almost on a full scale. Despite the war that raged in the country for more than a decade several small industries sprang up in the country and produced different goods which would have otherwise been imported. Most manufacturing industries in the country engage in copper and steel products which include electric and home appliances, telecommunication equipment, industrial machinery, and cement. Other items manufactured in the country include rubber products, paper, leather products, processed food, Pharmaceuticals, and textiles.

Agriculture in Iran accounts for about 10% of the GDP and employs about 1/6 of the total labour force. Only about 9% of the total land area is arable which is suitable for agriculture, and the main food producing regions in the country are located in the Caspian area and particularly in the northwest and valleys.
In the recent past agricultural output in the country has increased because of mechanization, modernization, and improvement on livestock and crops. Some of the most important crops include wheat, which is cultivated mainly in the north-western and western regions of the country. Rice is similarly another important crop particularly in the Caspian region where it is widely cultivated. Other crops cultivated across the country include cotton, corn, barley, sugar beets, tobacco, hemp, tea, fruits, potatoes, beans, lentils, vegetables, fodder plants, almonds, and walnuts among others.

Iran has been an oil exporting nation since 1913, and most of the country's oil wells are in the southwestern Central Region of the Western Zagros Mountains. They are also oil wells found in other parts of the country, particularly in the Persian Gulf. By 1978, the country was the world’s 4th leading oil producer, the 2nd leading in the OPEC Nations, and the 2nd leading oil exporter globally. However, following the 1979 Iranian revolution the new government cut back on oil production and in the subsequent years, there was a decline in production because of the damaged facilities during the war with Iraq. In the 1980s oil production rose again as most pipelines were repaired and annual sales increased as more wells were explored in the Persian Gulf. As of 2004 the country was producing 1.4 billion barrels of oil annually generating profits of about $50 billion. By 2015, the revenues from oil and gas in the country had reached $250 billion, and the country's oil was transported mainly by pipelines from the oil fields to the refineries and finally to different ports for export.

Iran has a long tradition of producing artisanal goods including Persian carpets, ceramics, copperware, brassware, glass, leather goods, textiles and wooden artefacts. The country's carpet-weaving tradition dates from pre-Islamic times and remains an important industry contributing substantial amounts to rural incomes. An estimated 1.2 million weavers in Iran produce carpets for domestic and international export markets. More than $500 million worth of hand-woven carpets are exported each year, accounting for 30% of the 2008 world market. Around 5.2 million people work in some 250 handicraft fields and contribute 3% of GDP.

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Trade Fair Exhibition

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Kitchen Bath Sauna & Pool Industries & Equipment International Exhibition (K&B-S&P)

Date : 02-08 Aug 2020
Place : Tehran, Iran

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IRAN International Exhibition of Hotel, Restaurant, Cafe and Catering Industry (IRAN Expo: Hotel, Restaurant, Cafe)

Date: 10-08 Aug 2020
Place : Isfahan, Iran

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