Iranian imports amounted to US$23.4 billion in 2023. That projected dollar amount results from a -46.9% decline compared to $44 billion in 2019. Year over year, international spending on Iranian imported goods deflated by -60.2% from $58.7 billion for 2022. Officially the Islamic Republic of Iran, the Middle Eastern country is historically referred to as Persia. At the … [Read more...] about Iran’s Top 10 Imports
Middle East
Top Middle Eastern Export Countries
Exports from countries in the Middle East totaled US$1.33 trillion for 2023. That dollar amount reflects an 11.5% expansion from 5 years earlier in 2019 when shipments for the Middle East aggregation totaled $1.193 trillion. From 2022 to 2023, the total value of products exported from Middle Eastern countries shrank by -28.5% partly due to lower petroleum prices. In … [Read more...] about Top Middle Eastern Export Countries
Iraq’s Top Trading Partners
The Republic of Iraq is home to a mosaic of ethnic cultures, predominately Arabs and Kurds. According to Wikipedia, 95% of Iraq’s population are Shia or Sunni Muslims. The country is surrounded by 6 nations: Iran on its eastern border, Kuwait to the southeast, Saudi Arabia to the south, Jordan to the southwest, Syria to the west and Turkey to the north. Iraq’s population is … [Read more...] about Iraq’s Top Trading Partners
Saudi Arabia’s Top 10 Major Export Companies
Five of Saudi Arabia’s largest companies are financial institutions that support international trade transactions. The sole Middle Eastern country with coasts on both the Red Sea and Persian Gulf, Saudi Arabia is also home to a pair of diversified chemicals producers. To give some global trade perspective on recent Saudi company performance, the overall value of Saudi exported … [Read more...] about Saudi Arabia’s Top 10 Major Export Companies
Highest Value Saudi Arabian Import Products
Cars, trucks, automobile parts and piston engines were among the 20 highest value products imported into Saudi Arabia during 2017. The most valuable Saudi imports also include mobile phones, gold, medicines and computers. Food items including chicken and rice are also among Saudi Arabia’s highest value imports. The following list shows on which product categories Saudi … [Read more...] about Highest Value Saudi Arabian Import Products