US trade (export - import) with Iran in 2014

Published or Updated: Feb 08, 2017

The report on US foreign trade in goods with Iran in 2014: exports, imports, balance, product types and groups, dynamics.

US Trade with Iran

In 2014, US trade with Iran was $186.5 million, down 39.89% ($123.8 million) from 2013.

US exports to Iran in 2014 were $186.5 million, down 39.46% ($121.6 million) from 2013.

US imports from Iran in 2014 were $0.0 million, down 100.00% ($2.2 million) from 2013.

US trade surplus with Iran in 2014 was $186.5 million, a 39.02% decrease ($119.4 million) over 2013.

Iran was the US 149th largest trading partner in 2014 (down from 133rd in 2013), accounting for 0.0046% of US total trade (down from 0.0079% in 2013).

Iran was the US 130th largest export market in 2014 (down from 116th in 2013), accounting for 0.0115% of US total exports (down from 0.0195% in 2013).

There were no US imports from Iran in 2014, while in 2013, Iran was the US 193rd largest supplier, accounting for 0.0001% of US total imports.

US Exports to Iran

The major share of US exports to Iran in 2014 (and in 2013) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 42.19% of US total exports to Iran (65.35% in 2013);
  • Chemical products (HS codes 28-40) - 22.11% of US total exports to Iran (13.57% in 2013);
  • Machinery, equipment and vehicles (HS codes 84-90) - 20.77% of US total exports to Iran (8.06% in 2013);
  • Wood and wood products (HS codes 44-49) - 14.76% of US total exports to Iran (12.90% in 2013).

The largest gains in US exports to Iran in 2014 over 2013 were recorded for the following product groups:

  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $13.8 million;
  • Plastics and articles thereof (HS code 39) - an increase of $2.9 million;
  • Products of animal origin, not elsewhere specified or included (HS code 05) - an increase of $2.4 million;
  • Residues and waste from the food industries; prepared animal feed (HS code 23) - an increase of $2.0 million;
  • Miscellaneous chemical products (HS code 38) - an increase of $1.4 million;
  • Miscellaneous edible preparations (HS code 21) - an increase of $1.2 million;
  • Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes (HS code 15) - an increase of $1.1 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $1.0 million;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - an increase of $0.7 million;
  • Organic chemicals (HS code 29) - an increase of $0.6 million.

The largest declines in US exports to Iran in 2014 over 2013 were recorded for the following product groups:

  • Cereals (HS code 10) - a decrease of $77.6 million;
  • Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder (HS code 12) - a decrease of $26.3 million;
  • Edible vegetables and certain roots and tubers (HS code 07) - a decrease of $17.3 million;
  • Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard (HS code 47) - a decrease of $12.6 million;
  • Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included (HS code 04) - a decrease of $8.3 million;
  • Pharmaceutical products (HS code 30) - a decrease of $5.6 million;
  • 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 (HS code 85) - a decrease of $0.9 million;
  • Fertilizers (HS code 31) - a decrease of $0.7 million.
US exports to Iran in 2014 by product groups
HS
code
Name of product group Value
of exports
in 2014
(USD thousand)
Share
in total export
(%)
Value
of exports
in 2013
(USD thousand)
Change
in 2014
over 2013
(%)
01 Live animals 262.2 0.14 437.1-40.01
03 Fish and crustaceans, molluscs and other aquatic invertebrates 0.0 0.00 46.3-100.00
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 35,535.6 19.05 43,825.0-18.91
05 Products of animal origin, not elsewhere specified or included 8,036.4 4.31 5,605.443.37
07 Edible vegetables and certain roots and tubers 64.5 0.03 17,383.1-99.63
10 Cereals 141.0 0.08 77,710.0-99.82
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 25,637.9 13.74 51,915.9-50.62
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 1,121.9 0.60 0.0
18 Cocoa and cocoa preparations 254.0 0.14 0.0
21 Miscellaneous edible preparations 2,735.9 1.47 1,495.782.92
23 Residues and waste from the food industries; prepared animal feed 4,924.3 2.64 2,958.866.43
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 19.9 0.01 4.3367.39
29 Organic chemicals 7,294.9 3.91 6,687.39.09
30 Pharmaceutical products 8,958.9 4.80 14,577.8-38.54
31 Fertilizers 88.1 0.05 766.5-88.51
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 827.9 0.44 87.5845.73
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 2.7 0.00 4.0-31.04
35 Albuminoidal substances; modified starches; glues; enzymes 339.2 0.18 407.0-16.64
37 Photographic or cinematographic goods 157.8 0.08 51.5206.17
38 Miscellaneous chemical products 3,107.2 1.67 1,683.484.58
39 Plastics and articles thereof 20,446.0 10.96 17,543.616.54
44 Wood and articles of wood; wood charcoal 9.0 0.00 0.0
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 27,172.0 14.57 39,738.3-31.62
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 240.6 0.13 4.45,336.61
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 104.6 0.06 0.0
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 17.8 0.01 16.110.04
73 Articles of iron or steel 8.0 0.00 0.0
74 Copper and articles thereof 40.4 0.02 0.0
75 Nickel and articles thereof 101.3 0.05 26.3285.98
76 Aluminum and articles thereof 65.6 0.04 44.148.55
81 Other base metals; cermets; articles thereof 9.1 0.00 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 1,111.3 0.60 82.81,241.89
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 414.4 0.22 1,361.9-69.57
88 Aircraft, spacecraft, and parts thereof 2.9 0.00 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 37,220.9 19.95 23,403.759.04
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 75.6 0.04 0.0
96 Miscellaneous manufactured articles 0.0 0.00 274.4-100.00

US Imports from Iran

The major share of US imports from Iran in 2014 (and in 2013) was accounted for the following product types:

  • Wood and wood products (HS codes 44-49) - 0.00% of US total imports from Iran (1.65% in 2013).

The largest gains in US imports from Iran in 2014 over 2013 were recorded for the following product groups:

  • No product groups with a substantial increase.

The largest declines in US imports from Iran in 2014 over the 2013 were recorded for the following product groups:

  • Works of art, collectors’ pieces and antiques (HS code 97) - a decrease of $1.5 million;
  • Commodities not specified according to kind (HS code 99) - a decrease of $0.7 million;
  • Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans (HS code 49) - a decrease of $0.0 million;
  • Carpets and other textile floor coverings (HS code 57) - a decrease of $0.0 million.
US imports from Iran in 2014 by product groups
HS
code
Name of product group Value
of imports
in 2014
(USD thousand)
Share
in total import
(%)
Value
of imports
in 2013
USD thousand)
Change
in 2014
over 2013
(%)
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 0.0 - 36.5-100.00
57 Carpets and other textile floor coverings 0.0 - 5.6-100.00
97 Works of art, collectors’ pieces and antiques 0.0 - 1,457.5-100.00
99 Commodities not specified according to kind 0.0 - 720.0-100.00
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce