Exports of Goods and Services for Iran, Islamic Republic of

IRNBXUSD • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

128,711,672,179.70

Year-over-Year Change

25.84%

Date Range

1/1/2000 - 1/1/2025

Summary

The 'Exports of Goods and Services for Iran, Islamic Republic of' series measures the total value of goods and services exported from Iran to other countries. This metric is important for analyzing Iran's trade balance and economic performance.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

This series represents the dollar value of all goods and services exported from Iran to international markets. It is a key indicator of Iran's export-driven economic activity and integration with global trade.

Methodology

The data is compiled by Iran's Central Bank based on reports from exporters and customs authorities.

Historical Context

Policymakers and analysts use this export data to assess Iran's trade position, competitiveness, and exposure to global economic conditions.

Key Facts

  • Iran's exports were valued at $101 billion in 2021.
  • Oil and gas products make up over 80% of Iran's total exports.
  • China is Iran's largest export destination, accounting for over 25% of exports.

FAQs

Q: What does this economic trend measure?

A: This series measures the total dollar value of all goods and services exported from Iran to international markets.

Q: Why is this trend relevant for users or analysts?

A: This export data is a key indicator of Iran's trade balance, economic performance, and integration with the global economy.

Q: How is this data collected or calculated?

A: The data is compiled by Iran's Central Bank based on reports from exporters and customs authorities.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this export data to assess Iran's trade position, competitiveness, and exposure to global economic conditions.

Q: Are there update delays or limitations?

A: The data may have update delays due to the complexities of Iran's trade reporting and the impact of economic sanctions.

Related Trends

Citation

U.S. Federal Reserve, Exports of Goods and Services for Iran, Islamic Republic of (IRNBXUSD), retrieved from FRED.