Imports in Iran
Iran - ImportsThe economy likely languishes in recession, as U.S. sanctions have reduced oil exports significantly and put pressure on the exchange rate, causing inflation to surge and hurting consumers’ purchasing power. According to OPEC data, crude oil production stabilized at the onset of this year but was still down markedly from last year’s average. Moreover, there is still considerable uncertainty over the possibility of extensions to U.S. waivers on some Iranian oil exports, which are set to expire in May. This uncertainty will likely keep oil exports subdued in the coming weeks. In late March, the country was hit by extreme flash floods; although they caused severe short-term economic disruption, key oil pipelines were reportedly unscathed.
Iran - Imports Data
|Imports (USD billion)||63.6||70.9||57.6||63.1||-|
5 years of economic forecasts for more than 30 economic indicators.
Iran Imports Chart
Source: Central Bank of Iran.
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.