Iran now produces a wide range of manufactured commodities, such as automobiles, electric appliances, telecommunications equipment, industrial machinery, paper, rubber products, steel, food products, wood and leather products, textiles, and pharmaceuticals.
Oil, gas and petrochemicals
Iran's oil and gas industry is the most active industry of the country. Iran has the fourth largest reserves of oil and second largest reserves of gas in the world.
Oil and natural gas are Iran's most important exports, accounting for 82 percent of the country's export revenues. Other exports include chemicals, plastics, fruits, ceramic products and metals. Iran's main exports partners are: China (36 percent of total exports), Iraq (25 percent) and Turkey (18 percent).
Iran is the largest producer of saffron with 93.7% of the world's total production.
Iran is known for its rich historical artifacts and sites, Persian literature and craftsmanship, large oil reserves, and distinctive cuisine with signature spices. Iran is a part of Western Asia. It was formerly known as Persia, before 1935, when the ruler at the time declared the change.
It is dominated by oil and gas production, although over 40 industries are directly involved in the Tehran Stock Exchange. The stock exchange has been one of the best performing exchanges in the world over the past decade.
The extraction and processing of petroleum is unquestionably Iran's single most important economic activity and the most valuable in terms of revenue, although natural gas production is increasingly important.
Iran was also ranked second in terms of the export of raisins and eggplant, according to the FAO statistics. The country ranks third in the world in the export of watermelon and gooseberry. In 2021, Iranian farmers exported more than 245,000 tons of dates, which was less than the exports of only three countries.
The country holds the first place in the world in producing pistachio, barberry, caviar, saffron, stone fruits, and various types of berries. Additionally, Iran ranks second in the world in apricot production and third in cherry, melon, apple, and fig production.
Yearly Trade
The most recent exports are led by Ethylene Polymers ($3.2B), Other Nuts ($925M), Semi-Finished Iron ($816M), Refined Copper ($673M), and Acyclic Alcohols ($561M). The most common destination for the exports of Iran are China ($5.94B), Turkey ($2.72B), Pakistan ($614M), Armenia ($406M), and India ($379M).
Iran, a major producer of hydrocarbons, holds some of the world's largest deposits of oil and natural gas.
Iran main imports are: non-electrical machinery (17 percent of total imports), iron and steel (14 percent), chemicals and related products (11 percent), transport vehicles (9 percent) and electrical machinery, tools and appliances (7 percent).
Iran's economy is characterized by its hydrocarbon, agricultural, and service sectors, as well as a noticeable state presence in the manufacturing and financial services.
Iran's automotive market is controlled by two manufacturing monopolies, Iran Khodro and Saipa, which together produce about 1.5 million vehicles a year. The basis for building these cars is old infrastructure designed for Citroen and Peugeot models and so-called cannibalized vehicles made in first decade of the 2000s.
Iran is an Islamic country in which Shia, also known as Shiite Muslims make up the majority. Iran has one of the biggest gas reserves in the world. Iran has 24 UNESCO World Heritage Sites. Iran is considered the only home to the critically endangered Asiatic Cheetah.
Iranian Main dishes & Classics
Kebab is the most common food you can find all over Iran. It's usually served with rice or bread and basil.
A variety of fruits such as apples, kiwis, oranges, cherries, plums, pomegranates, sweet lemons, apricots, cherries, peaches, nectarines, persimmons, grapes, and other fruits are among the fruits that are exported to various countries. fruit exports from Iran are not limited to neighboring countries.
In addition, according to the US Geological Survey, Iran holds the world's largest zinc reserves, the second-largest copper reserves, 12th largest iron ore and 10th largest uranium with significant reserves of other minerals such as, lead, chromate, manganese coal and gold.
Iran announced that its lithium reserves are the fourth-largest in the world in April. It plans to start production of lithium within two years, Tasnim News Agency on March 6 cited an official as saying.
Having an uncountable number of natural resources but having a corrupt and mafia-led government has made Iran one of the poorest and underdeveloped countries in the world, lacking all the factors mentioned above.
Among the most expensive areas of Tehran, we can mention Lavasan, Sahibqaranieh and Elaheh. However, Zafaranieh neighborhood is not left out of the game either. It can be said that Zafaranieh is the most expensive property in Tehran. Persian: الهیه) is an affluent and upper-class district in northern Tehran.
Norway has been consistently ranked as one of the best countries for standard of living and it's also a great study abroad destination for Iranians.