IRAN

GENERAL INFORMATION:
Member Trade bloc: ECO
Location: Middle East, bordering the Gulf of Oman, the Persian Gulf, and the Caspian Sea, between Iraq and Pakistan
Capital: Tehran Official language: Farsi (Persian) Surface area: 1.648 million sq km
Population: 65.8 million - Muslim 98% (Shia 89%, Sunni 9%), other (includes Zoroastrian, Jewish, Christian, and Baha'i) 2%
Ports and terminals: Assaluyeh, Bandar Abbas, Bandar-e-Eman Khomeyni
KEY ECONOMIC INDICATORS 2003 2004 2005 2006 2007 2008
GDP (US$ bn): 133.8 161.5 192.3 245 285.3 382.3
GDP per capita (Us$) 1,990 2362 2,767 3,197 3,981 5,247
Real GDP growth (% change YOY) 6.7 5.6 5.4 5.4 6.4 5.5
Goods & services exports (% GDP): 28.5 30.2 28.9 28.1 24.9 26.3
Inflation(% change YOY) 13.9 16.7 10.2 15.3 22.5 24.0
Unemployment rate (%) 12.2 11.2 11.6 11.0 11.0 11.0
Total Exports (US$ bn) 33.991 44.403 56.252 77.012 83.000 -
Total Imports (US$ bn) 27.676 35.207 38.238 40.772 45.000 -
GDP – COMPOSITION: Agriculture: 10.8%, Industry: 44.3%, Services: 44.9% (2008 est.)
MAJOR INDUSTRIES petroleum, petrochemicals, textiles, cement and other construction materials, food processing (particularly sugar
refining and vegetable oil production), metal fabrication, armaments
MAJOR TRADING PARTNERS OF IRAN
Iran’s principal export destinations 2007: Iran’s principal import sources 2007:
1- Japan 14% 1- Germany 12%
2- China 12.8% 2- China 10.5%
3- Turkey 7.2% 3- UAE 9.4%
4- Italy 6.3% 4- France 5.6%
5- South Korea 6% 5- Italy 5.4%
Pakistan 0.66% Pakistan 0.48%

IRAN’S MAIN ITEMS OF EXPORT: petroleum 80%, chemical and petrochemical products, fruits and nuts, carpets
IRAN’S MAIN ITEMS OF IMPORT: industrial raw materials and intermediate goods, capital goods, foodstuffs and other consumer goods,
technical services, military supplies
TRADE BETWEEN PAKISTAN & IRAN
(MILLION US$)
Year Export Import Balance of Total Exports % share in Total Imports % share in
trade of Pakistan Total exp. of Pakistan Total Imports
2001-02 29.201 157.243 (128.04) 9,202.218 0.31 10342.865 1.52
2002-03 63.190 302.643 (239.45) 11,160.246 0.56 12220.246 2.47
2003-04 92.459 283.937 (191.478) 12,313.000 0.75 15592.000 1.82
2004-05 147.108 242.087 (94.979) 14,391.081 1.02 20,598.114 1.18
2005-06 188.077 450.084 (262.007) 16,452.398 1.14 28,586.007 1.57
2006-07 167.545 405.628 (238.083) 16,976.243 0.98 30,539.709 1.32
2007-08 218.560 551.748 (333.188) 19,222.857 1.13 39,968.496 1.38

600

400
Exports
200
Imports
0
2001‐02 2002‐03 2003‐04 2004‐05 2005‐06 2006‐07 2007‐08

Share of Pakistan’s Exports in Iran’s Imports (2007) =0.48% Share of Pakistan’s Imports in Iran’s Exports(2007)= 0.66%

Major items of export from Pakistan to Iran Major Items of Import from Iran to Pakistan
(US$ Million) (US$ Million)
Commodity Description 03-04 04-05 05-06 06-07 07-08 Commodity Description 03-04 04-05 05-06 06-07 07-08
Petroleum products &
Rice 46.36 69.2 96.984 115.45 125.74 177.5 97.628 163.414 146.03 225.23
oil
Man made filament &
22.326 30.15 13.222 11.72 35.36 Iron, steel & its articles 8.556 29.486 128.045 101.41 144.69
yarns
Cotton yarn & woven
7.828 18.3 7.379 5.02 9.08 Organic chemicals 7.002 33.101 38.894 32.45 45.66
fabrics
Ships & other floating
0.896 1.655 1.341 1.19 7.53 Ores, slag & ash 3.747 13.877 22.416 20.28 35.26
structures
Plastic & articles there
Surgical instruments 0.478 1.299 0.483 0.41 0.88 11.412 13.188 18.004 16.22 23.58
of
Source: WTO Trade data base, World Development Indicators, Federal Bureau of Statistics.