US trade (export - import) with Iran in 2018

Published or Updated: Jun 12, 2019

The report on US foreign trade in goods with Iran in 2018: exports, imports, balance, product types and groups, dynamics.

US Trade with Iran

In 2018, US trade with Iran totaled $509.3 million, up 151.63% ($306.9 million) from 2017.

US exports to Iran in 2018 totaled $438.6 million, up 218.51% ($300.9 million) from 2017.

US imports from Iran in 2018 totaled $70.7 million, up 9.30% ($6.0 million) from 2017.

US trade surplus with Iran in 2018 was $367.9 million, a 403.95% increase ($294.9 million) over 2017.

Iran was the US 122nd largest trading partner in 2018 (up from 144th in 2017), accounting for 0.0119% of US total trade (up from 0.0051% in 2017).

Iran was the US 105th largest export market in 2018 (up from 130th in 2017), accounting for 0.0263% of US total exports (up from 0.0089% in 2017).

Iran was the US 133rd largest supplier in 2018 (up from 135th in 2017), accounting for 0.0027% of US total imports (just as in 2017).

US Exports to Iran

The major share of US exports to Iran in 2018 (and in 2017) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 81.23% of US total exports to Iran (52.97% in 2017);
  • Machinery, equipment and vehicles (HS codes 84-90) - 10.02% of US total exports to Iran (11.21% in 2017);
  • Wood and wood products (HS codes 44-49) - 4.76% of US total exports to Iran (13.52% in 2017);
  • Chemical products (HS codes 28-40) - 3.88% of US total exports to Iran (21.95% in 2017).

The largest gains in US exports to Iran in 2018 over 2017 were recorded for the following product groups:

  • Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder (HS code 12) - an increase of $305.1 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $30.8 million;
  • Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard (HS code 47) - an increase of $2.2 million.

The largest declines in US exports to Iran in 2018 over 2017 were recorded for the following product groups:

  • Miscellaneous edible preparations (HS code 21) - a decrease of $9.7 million;
  • Organic chemicals (HS code 29) - a decrease of $6.5 million;
  • Products of animal origin, not elsewhere specified or included (HS code 05) - a decrease of $4.3 million;
  • Pharmaceutical products (HS code 30) - a decrease of $4.3 million;
  • Cocoa and cocoa preparations (HS code 18) - a decrease of $3.6 million;
  • Residues and waste from the food industries; prepared animal feed (HS code 23) - a decrease of $2.5 million;
  • Miscellaneous chemical products (HS code 38) - a decrease of $2.5 million;
  • Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes (HS code 15) - a decrease of $1.9 million.
US exports to Iran in 2018 by product groups
HS
code
Name of product group Value
of exports
in 2018
(USD thousand)
Share
in total export
(%)
Value
of exports
in 2017
(USD thousand)
Change
in 2018
over 2017
(%)
01 Live animals 890.9 0.20 747.719.15
02 Meat and edible meat offal 391.4 0.09 1,314.6-70.23
03 Fish and crustaceans, molluscs and other aquatic invertebrates 0.0 0.00 32.0-100.00
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 589.0 0.13 161.7264.30
05 Products of animal origin, not elsewhere specified or included 3,246.4 0.74 7,535.8-56.92
07 Edible vegetables and certain roots and tubers 260.8 0.06 263.0-0.84
08 Edible fruit and nuts; peel of citrus fruit or melons 0.0 0.00 40.6-100.00
10 Cereals 856.1 0.20 107.2698.58
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 341,612.4 77.89 36,550.6834.63
13 Lac; gums, resins and other vegetable saps and extracts 5.6 0.00 0.0
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 0.0 0.00 1,940.0-100.00
17 Sugars and sugar confectionery 0.0 0.00 21.9-100.00
18 Cocoa and cocoa preparations 1,134.4 0.26 4,761.2-76.17
21 Miscellaneous edible preparations 4,933.9 1.12 14,602.4-66.21
23 Residues and waste from the food industries; prepared animal feed 2,374.7 0.54 4,865.6-51.19
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 0.0 0.00 4.0-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 24.7 0.01 22.111.68
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 243.5 0.06 60.4302.92
29 Organic chemicals 5,169.4 1.18 11,715.2-55.87
30 Pharmaceutical products 6,428.1 1.47 10,700.5-39.93
31 Fertilizers 244.9 0.06 264.0-7.22
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 0.0 0.00 10.2-100.00
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 916.7 0.21 598.853.09
34 Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster 0.0 0.00 97.9-100.00
35 Albuminoidal substances; modified starches; glues; enzymes 84.2 0.02 325.5-74.12
37 Photographic or cinematographic goods 35.4 0.01 42.2-16.32
38 Miscellaneous chemical products 3,471.8 0.79 5,951.3-41.66
39 Plastics and articles thereof 417.4 0.10 197.2111.64
40 Rubber and articles thereof 0.0 0.00 265.8-100.00
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 20,633.4 4.70 18,386.112.22
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 254.4 0.06 226.712.24
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 6.7 0.00 0.0
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 14.8 0.00 37.4-60.53
57 Carpets and other textile floor coverings 4.8 0.00 29.4-83.53
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 0.0 0.00 31.1-100.00
70 Glass and glassware 190.5 0.04 17.6980.14
74 Copper and articles thereof 0.0 0.00 59.5-100.00
75 Nickel and articles thereof 38.0 0.01 148.8-74.46
76 Aluminum and articles thereof 53.9 0.01 64.2-15.97
78 Lead and articles thereof 0.0 0.00 18.6-100.00
81 Other base metals; cermets; articles thereof 0.0 0.00 13.3-100.00
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 0.0 0.00 25.6-100.00
83 Miscellaneous articles of base metal 40.5 0.01 8.7362.92
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 121.8 0.03 1,358.4-91.04
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 452.9 0.10 937.8-51.71
88 Aircraft, spacecraft, and parts thereof 2.9 0.00 601.5-99.52
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 43,354.2 9.88 12,540.8245.71
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 89.7 0.02 0.0
96 Miscellaneous manufactured articles 13.8 0.00 0.0

US Imports from Iran

The major share of US imports from Iran in 2018 (and in 2017) was accounted for the following product types:

  • Textiles, textile products and footwear (HS codes 50-67) - 82.45% of US total imports from Iran (84.00% in 2017);
  • Food products and agricultural raw materials (HS codes 01-24) - 7.18% of US total imports from Iran (6.59% in 2017).

The largest gains in US imports from Iran in 2018 over 2017 were recorded for the following product groups:

  • Carpets and other textile floor coverings (HS code 57) - an increase of $4.0 million;
  • Works of art, collectors’ pieces and antiques (HS code 97) - an increase of $1.1 million;
  • Commodities not specified according to kind (HS code 99) - an increase of $0.6 million;
  • Sugars and sugar confectionery (HS code 17) - an increase of $0.4 million.

The largest declines in US imports from Iran in 2018 over the 2017 were recorded for the following product groups:

  • Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans (HS code 49) - a decrease of $0.4 million.
US imports from Iran in 2018 by product groups
HS
code
Name of product group Value
of imports
in 2018
(USD thousand)
Share
in total import
(%)
Value
of imports
in 2017
USD thousand)
Change
in 2018
over 2017
(%)
01 Live animals 0.0 0.00 7.5-100.00
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 216.5 0.31 52.9309.49
07 Edible vegetables and certain roots and tubers 117.6 0.17 114.92.40
08 Edible fruit and nuts; peel of citrus fruit or melons 1,269.6 1.80 1,271.0-0.11
09 Coffee, tea, maté and spices 878.2 1.24 751.116.92
10 Cereals 91.5 0.13 0.0
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 82.5 0.12 61.733.80
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 9.9 0.01 0.0
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 141.5 0.20 203.7-30.55
17 Sugars and sugar confectionery 759.7 1.07 393.693.00
18 Cocoa and cocoa preparations 2.5 0.00 13.0-80.88
19 Preparations of cereals, flour, starch or milk; bakers’ wares 586.3 0.83 463.926.37
20 Preparations of vegetables, fruit, nuts or other parts of plants 638.8 0.90 775.6-17.64
21 Miscellaneous edible preparations 222.2 0.31 66.8232.72
22 Beverages, spirits and vinegar 62.8 0.09 89.3-29.67
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 0.0 0.00 2.3-100.00
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 1.4 0.00 5.6-74.88
44 Wood and articles of wood; wood charcoal 0.0 0.00 3.9-100.00
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 188.5 0.27 566.9-66.74
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 0.0 0.00 17.5-100.00
57 Carpets and other textile floor coverings 58,297.8 82.43 54,320.37.32
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 0.3 0.00 2.6-88.90
60 Knitted or crocheted fabrics 0.0 0.00 3.8-100.00
61 Articles of apparel and clothing accessories, knitted or crocheted 2.7 0.00 0.6337.86
62 Articles of apparel and clothing accessories, not knitted or crocheted 0.0 0.00 0.9-100.00
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 3.9 0.01 2.744.75
64 Footwear, gaiters and the like; parts of such articles 3.2 0.00 4.4-26.45
65 Headgear and parts thereof 0.5 0.00 0.0
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 3.3 0.00 0.0
69 Ceramic products 0.0 0.00 5.1-100.00
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 0.0 0.00 3.6-100.00
73 Articles of iron or steel 0.0 0.00 8.4-100.00
74 Copper and articles thereof 0.0 0.00 41.1-100.00
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 0.0 0.00 5.8-100.00
83 Miscellaneous articles of base metal 0.0 0.00 3.2-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 7.6 0.01 0.0
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 0.0 0.00 3.3-100.00
89 Ships, boats and floating structures 35.2 0.05 0.0
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 2.6 0.00 0.0
97 Works of art, collectors’ pieces and antiques 6,518.5 9.22 5,431.820.01
99 Commodities not specified according to kind 578.4 0.82 6.19,382.64
43,354.2
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce