US trade (export - import) with Iran in 2016

Published or Updated: Apr 19, 2017

The report on US foreign trade in goods with Iran in 2016: exports, imports, balance, product types and groups, dynamics.

US Trade with Iran

In 2016, US trade with Iran was $260.3 million, down 11.47% ($33.7 million) from 2015.

US exports to Iran in 2016 were $172.1 million, down 38.99% ($110.0 million) from 2015.

US imports from Iran in 2016 totaled $88.1 million, up 644.28% ($76.3 million) from 2015.

US trade surplus with Iran in 2016 was $84.0 million, a 68.93% decrease ($186.3 million) over 2015.

Iran was the US 136th largest trading partner in 2016 (down from 129th in 2015), accounting for 0.0070% of US total trade (down from 0.0077% in 2015).

Iran was the US 130th largest export market in 2016 (down from 112th in 2015), accounting for 0.0118% of US total exports (down from 0.0188% in 2015).

Iran was the US 125th largest supplier in 2016 (up from 167th in 2015), accounting for 0.0039% of US total imports (up from 0.0005% in 2015).

US Exports to Iran

The major share of US exports to Iran in 2016 (and in 2015) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 67.96% of US total exports to Iran (54.04% in 2015);
  • Chemical products (HS codes 28-40) - 14.84% of US total exports to Iran (18.23% in 2015);
  • Wood and wood products (HS codes 44-49) - 8.84% of US total exports to Iran (7.90% in 2015);
  • Machinery, equipment and vehicles (HS codes 84-90) - 7.96% of US total exports to Iran (19.65% in 2015).

The largest gains in US exports to Iran in 2016 over 2015 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 $34,291.0 thousand;
  • Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes (HS code 15) - an increase of $14,435.4 thousand;
  • Cocoa and cocoa preparations (HS code 18) - an increase of $2,323.8 thousand.

The largest declines in US exports to Iran in 2016 over 2015 were recorded for the following product groups:

  • Cereals (HS code 10) - a decrease of $53,364.3 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $41,706.0 thousand;
  • Residues and waste from the food industries; prepared animal feed (HS code 23) - a decrease of $28,956.0 thousand;
  • Plastics and articles thereof (HS code 39) - a decrease of $12,850.7 thousand;
  • Pharmaceutical products (HS code 30) - a decrease of $7,053.5 thousand;
  • Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard (HS code 47) - a decrease of $6,984.4 thousand;
  • Photographic or cinematographic goods (HS code 37) - a decrease of $3,365.2 thousand;
  • Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included (HS code 04) - a decrease of $2,603.7 thousand;
  • Organic chemicals (HS code 29) - a decrease of $2,257.8 thousand;
  • Miscellaneous edible preparations (HS code 21) - a decrease of $1,896.2 thousand;
  • Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes (HS code 28) - a decrease of $1,882.6 thousand;
  • Products of animal origin, not elsewhere specified or included (HS code 05) - a decrease of $713.7 thousand.
US exports to Iran in 2016 by product groups
HS
code
Name of product group Value
of exports
in 2016
(USD thousand)
Share
in total export
(%)
Value
of exports
in 2015
(USD thousand)
Change
in 2016
over 2015
(%)
01 Live animals 944.9 0.55 447.9110.97
02 Meat and edible meat offal 25.5 0.01 0.0
03 Fish and crustaceans, molluscs and other aquatic invertebrates 161.5 0.09 0.0
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 81.8 0.05 2,685.5-96.95
05 Products of animal origin, not elsewhere specified or included 6,789.5 3.94 7,503.2-9.51
07 Edible vegetables and certain roots and tubers 118.7 0.07 0.0
10 Cereals 259.8 0.15 53,624.0-99.52
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 75,895.4 44.09 41,604.482.42
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 17,636.6 10.25 3,201.2450.93
17 Sugars and sugar confectionery 75.9 0.04 0.0
18 Cocoa and cocoa preparations 2,323.8 1.35 0.0
20 Preparations of vegetables, fruit, nuts or other parts of plants 99.7 0.06 0.0
21 Miscellaneous edible preparations 8,164.4 4.74 10,060.6-18.85
23 Residues and waste from the food industries; prepared animal feed 4,406.9 2.56 33,362.8-86.79
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 10.6 0.01 1,893.2-99.44
29 Organic chemicals 7,401.8 4.30 9,659.6-23.37
30 Pharmaceutical products 7,540.2 4.38 14,593.6-48.33
31 Fertilizers 716.8 0.42 201.8255.23
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 1,177.0 0.68 1,056.011.46
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 38.3 0.02 0.0
35 Albuminoidal substances; modified starches; glues; enzymes 860.4 0.50 360.4138.77
37 Photographic or cinematographic goods 52.2 0.03 3,417.4-98.47
38 Miscellaneous chemical products 4,649.2 2.70 4,307.87.92
39 Plastics and articles thereof 3,096.9 1.80 15,947.6-80.58
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 106.0 0.06 0.0
44 Wood and articles of wood; wood charcoal 0.0 0.00 39.0-100.00
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 15,040.2 8.74 22,024.7-31.71
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 137.2 0.08 8.91,450.70
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 32.8 0.02 228.5-85.65
54 Man-made filaments 26.6 0.02 0.0
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 46.3 0.03 9.9366.39
57 Carpets and other textile floor coverings 155.0 0.09 0.0
62 Articles of apparel and clothing accessories, not knitted or crocheted 0.0 0.00 27.3-100.00
70 Glass and glassware 52.1 0.03 2.81,749.04
74 Copper and articles thereof 30.0 0.02 40.4-25.87
75 Nickel and articles thereof 141.8 0.08 208.3-31.96
76 Aluminum and articles thereof 45.9 0.03 67.6-32.03
81 Other base metals; cermets; articles thereof 9.8 0.01 20.0-51.13
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 4.6 0.00 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 505.5 0.29 960.5-47.37
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 757.1 0.44 318.2137.91
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 0.0 0.00 41.7-100.00
88 Aircraft, spacecraft, and parts thereof 28.9 0.02 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 12,409.6 7.21 54,115.6-77.07
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 20.0 0.01 128.2-84.40
96 Miscellaneous manufactured articles 0.0 0.00 4.3-100.00
97 Works of art, collectors’ pieces and antiques 63.9 0.04 0.0

US Imports from Iran

The major share of US imports from Iran in 2016 (and in 2015) was accounted for the following product types:

  • Textiles, textile products and footwear (HS codes 50-67) - 64.84% of US total imports from Iran (0.00% in 2015);
  • Chemical products (HS codes 28-40) - 10.61% of US total imports from Iran (0.00% in 2015);
  • Food products and agricultural raw materials (HS codes 01-24) - 2.36% of US total imports from Iran (0.00% in 2015).

The largest gains in US imports from Iran in 2016 over 2015 were recorded for the following product groups:

  • Carpets and other textile floor coverings (HS code 57) - an increase of $57,148.9 thousand;
  • Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes (HS code 28) - an increase of $9,350.0 thousand;
  • Works of art, collectors’ pieces and antiques (HS code 97) - an increase of $7,552.5 thousand;
  • Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - an increase of $848.2 thousand;
  • Coffee, tea, maté and spices (HS code 09) - an increase of $399.2 thousand;
  • Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder (HS code 12) - an increase of $275.8 thousand.

The largest declines in US imports from Iran in 2016 over the 2015 were recorded for the following product groups:

  • No product groups with a substantial decrease.
US imports from Iran in 2016 by product groups
HS
code
Name of product group Value
of imports
in 2016
(USD thousand)
Share
in total import
(%)
Value
of imports
in 2015
USD thousand)
Change
in 2016
over 2015
(%)
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 14.0 0.02 0.0
07 Edible vegetables and certain roots and tubers 120.0 0.14 0.0
08 Edible fruit and nuts; peel of citrus fruit or melons 848.2 0.96 0.0
09 Coffee, tea, maté and spices 399.2 0.45 0.0
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 275.8 0.31 0.0
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 12.1 0.01 0.0
17 Sugars and sugar confectionery 96.1 0.11 0.0
18 Cocoa and cocoa preparations 5.3 0.01 0.0
19 Preparations of cereals, flour, starch or milk; bakers’ wares 140.9 0.16 0.0
20 Preparations of vegetables, fruit, nuts or other parts of plants 140.9 0.16 0.0
21 Miscellaneous edible preparations 27.8 0.03 0.0
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 9,350.0 10.61 0.0
39 Plastics and articles thereof 0.6 0.00 0.0
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 28.0 0.03 0.0
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 136.6 0.15 0.0
57 Carpets and other textile floor coverings 57,148.9 64.84 0.0
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 0.9 0.00 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 4.3 0.00 0.0
97 Works of art, collectors’ pieces and antiques 19,395.5 22.00 11,842.963.77
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce