US trade (export - import) with Iran in 2017

Published or Updated: Apr 05, 2018

The report on US foreign trade in goods with Iran in 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Iran

In 2017, US trade with Iran was $202.4 million, down 22.24% ($57.9 million) from 2016.

US exports to Iran in 2017 were $137.7 million, down 20.00% ($34.4 million) from 2016.

US imports from Iran in 2017 were $64.7 million, down 26.59% ($23.4 million) from 2016.

US trade surplus with Iran in 2017 was $73.0 million, a 13.09% decrease ($11.0 million) over 2016.

Iran was the US 144th largest trading partner in 2017 (down from 136th in 2016), accounting for 0.0051% of US total trade (down from 0.0070% in 2016).

Iran was the US 130th largest export market in 2017 (just as in 2016), accounting for 0.0089% of US total exports (down from 0.0118% in 2016).

Iran was the US 135th largest supplier in 2017 (down from 125th in 2016), accounting for 0.0027% of US total imports (down from 0.0039% in 2016).

US Exports to Iran

The major share of US exports to Iran in 2017 (and in 2016) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 52.97% of US total exports to Iran (67.96% in 2016);
  • Chemical products (HS codes 28-40) - 21.95% of US total exports to Iran (14.84% in 2016);
  • Wood and wood products (HS codes 44-49) - 13.52% of US total exports to Iran (8.84% in 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 11.21% of US total exports to Iran (7.96% in 2016).

The largest gains in US exports to Iran in 2017 over 2016 were recorded for the following product groups:

  • Miscellaneous edible preparations (HS code 21) - an increase of $6,438.0 thousand;
  • Organic chemicals (HS code 29) - an increase of $4,313.5 thousand;
  • Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard (HS code 47) - an increase of $3,345.9 thousand;
  • Pharmaceutical products (HS code 30) - an increase of $3,160.4 thousand;
  • Cocoa and cocoa preparations (HS code 18) - an increase of $2,437.4 thousand;
  • Miscellaneous chemical products (HS code 38) - an increase of $1,302.1 thousand;
  • Meat and edible meat offal (HS code 02) - an increase of $1,289.1 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $853.0 thousand;
  • Products of animal origin, not elsewhere specified or included (HS code 05) - an increase of $746.3 thousand;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $572.6 thousand;
  • Residues and waste from the food industries; prepared animal feed (HS code 23) - an increase of $458.7 thousand.

The largest declines in US exports to Iran in 2017 over 2016 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) - a decrease of $39,344.8 thousand;
  • Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes (HS code 15) - a decrease of $15,696.6 thousand;
  • Plastics and articles thereof (HS code 39) - a decrease of $2,899.7 thousand;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - a decrease of $578.2 thousand;
  • Albuminoidal substances; modified starches; glues; enzymes (HS code 35) - a decrease of $535.0 thousand;
  • Fertilizers (HS code 31) - a decrease of $452.8 thousand.
US exports to Iran in 2017 by product groups
HS
code
Name of product group Value
of exports
in 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in 2016
(USD thousand)
Change
in 2017
over 2016
(%)
01 Live animals 747.7 0.54 944.9-20.87
02 Meat and edible meat offal 1,314.6 0.95 25.55,063.40
03 Fish and crustaceans, molluscs and other aquatic invertebrates 32.0 0.02 161.5-80.19
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 161.7 0.12 81.897.56
05 Products of animal origin, not elsewhere specified or included 7,535.8 5.47 6,789.510.99
07 Edible vegetables and certain roots and tubers 263.0 0.19 118.7121.56
08 Edible fruit and nuts; peel of citrus fruit or melons 40.6 0.03 0.0
10 Cereals 107.2 0.08 259.8-58.73
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 36,550.6 26.54 75,895.4-51.84
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 1,940.0 1.41 17,636.6-89.00
17 Sugars and sugar confectionery 21.9 0.02 75.9-71.10
18 Cocoa and cocoa preparations 4,761.2 3.46 2,323.8104.89
20 Preparations of vegetables, fruit, nuts or other parts of plants 0.0 0.00 99.7-100.00
21 Miscellaneous edible preparations 14,602.4 10.60 8,164.478.85
23 Residues and waste from the food industries; prepared animal feed 4,865.6 3.53 4,406.910.41
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 4.0 0.00 0.0
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 22.1 0.02 0.0
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 60.4 0.04 10.6470.57
29 Organic chemicals 11,715.2 8.51 7,401.858.28
30 Pharmaceutical products 10,700.5 7.77 7,540.241.91
31 Fertilizers 264.0 0.19 716.8-63.18
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 10.2 0.01 0.0
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 598.8 0.43 1,177.0-49.12
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 97.9 0.07 38.3155.78
35 Albuminoidal substances; modified starches; glues; enzymes 325.5 0.24 860.4-62.17
37 Photographic or cinematographic goods 42.2 0.03 52.2-19.02
38 Miscellaneous chemical products 5,951.3 4.32 4,649.228.01
39 Plastics and articles thereof 197.2 0.14 3,096.9-93.63
40 Rubber and articles thereof 265.8 0.19 0.0
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 0.0 0.00 106.0-100.00
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 18,386.1 13.35 15,040.222.25
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 226.7 0.16 137.265.15
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 0.0 0.00 32.8-100.00
54 Man-made filaments 0.0 0.00 26.6-100.00
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 37.4 0.03 46.3-19.13
57 Carpets and other textile floor coverings 29.4 0.02 155.0-81.02
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 31.1 0.02 0.0
70 Glass and glassware 17.6 0.01 52.1-66.18
74 Copper and articles thereof 59.5 0.04 30.098.66
75 Nickel and articles thereof 148.8 0.11 141.84.97
76 Aluminum and articles thereof 64.2 0.05 45.939.70
78 Lead and articles thereof 18.6 0.01 0.0
81 Other base metals; cermets; articles thereof 13.3 0.01 9.836.12
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 25.6 0.02 4.6453.81
83 Miscellaneous articles of base metal 8.7 0.01 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 1,358.4 0.99 505.5168.75
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 937.8 0.68 757.123.86
88 Aircraft, spacecraft, and parts thereof 601.5 0.44 28.91,981.15
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 12,540.8 9.11 12,409.61.06
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 0.0 0.00 20.0-100.00
97 Works of art, collectors’ pieces and antiques 0.0 0.00 63.9-100.00

US Imports from Iran

The major share of US imports from Iran in 2017 (and in 2016) was accounted for the following product types:

  • Textiles, textile products and footwear (HS codes 50-67) - 84.00% of US total imports from Iran (64.84% in 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 6.59% of US total imports from Iran (2.36% in 2016);
  • Chemical products (HS codes 28-40) - 0.00% of US total imports from Iran (10.61% in 2016).

The largest gains in US imports from Iran in 2017 over 2016 were recorded for the following product groups:

  • Preparations of vegetables, fruit, nuts or other parts of plants (HS code 20) - an increase of $634.6 thousand;
  • Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans (HS code 49) - an increase of $430.4 thousand;
  • Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - an increase of $422.8 thousand;
  • Coffee, tea, maté and spices (HS code 09) - an increase of $351.9 thousand;
  • Preparations of cereals, flour, starch or milk; bakers’ wares (HS code 19) - an increase of $323.1 thousand;
  • Sugars and sugar confectionery (HS code 17) - an increase of $297.6 thousand.

The largest declines in US imports from Iran in 2017 over the 2016 were recorded for the following product groups:

  • Works of art, collectors’ pieces and antiques (HS code 97) - a decrease of $13,963.6 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 $9,350.0 thousand;
  • Carpets and other textile floor coverings (HS code 57) - a decrease of $2,828.6 thousand;
  • Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder (HS code 12) - a decrease of $214.1 thousand.
US imports from Iran in 2017 by product groups
HS
code
Name of product group Value
of imports
in 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in 2016
USD thousand)
Change
in 2017
over 2016
(%)
01 Live animals 7.5 0.01 0.0
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 52.9 0.08 0.0
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 0.0 0.00 14.0-100.00
07 Edible vegetables and certain roots and tubers 114.9 0.18 120.0-4.25
08 Edible fruit and nuts; peel of citrus fruit or melons 1,271.0 1.96 848.249.85
09 Coffee, tea, maté and spices 751.1 1.16 399.288.14
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 61.7 0.10 275.8-77.63
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 203.7 0.31 12.11,585.32
17 Sugars and sugar confectionery 393.6 0.61 96.1309.81
18 Cocoa and cocoa preparations 13.0 0.02 5.3146.92
19 Preparations of cereals, flour, starch or milk; bakers’ wares 463.9 0.72 140.9229.31
20 Preparations of vegetables, fruit, nuts or other parts of plants 775.6 1.20 140.9450.28
21 Miscellaneous edible preparations 66.8 0.10 27.8139.92
22 Beverages, spirits and vinegar 89.3 0.14 0.0
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 0.0 0.00 9,350.0-100.00
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 2.3 0.00 0.0
39 Plastics and articles thereof 0.0 0.00 0.6-100.00
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 5.6 0.01 28.0-79.92
44 Wood and articles of wood; wood charcoal 3.9 0.01 0.0
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 566.9 0.88 136.6315.15
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 17.5 0.03 0.0
57 Carpets and other textile floor coverings 54,320.3 83.95 57,148.9-4.95
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 2.6 0.00 0.0
60 Knitted or crocheted fabrics 3.8 0.01 0.0
61 Articles of apparel and clothing accessories, knitted or crocheted 0.6 0.00 0.0
62 Articles of apparel and clothing accessories, not knitted or crocheted 0.9 0.00 0.0
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 2.7 0.00 0.9194.49
64 Footwear, gaiters and the like; parts of such articles 4.4 0.01 0.0
69 Ceramic products 5.1 0.01 0.0
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 3.6 0.01 0.0
73 Articles of iron or steel 8.4 0.01 0.0
74 Copper and articles thereof 41.1 0.06 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 5.8 0.01 0.0
83 Miscellaneous articles of base metal 3.2 0.00 0.0
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 3.3 0.01 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 0.0 0.00 4.3-100.00
97 Works of art, collectors’ pieces and antiques 5,431.8 8.39 19,395.5-71.99
99 Commodities not specified according to kind 6.1 0.01 0.0
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce