Domestic Economy
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IMF Tips for Iran to Expand Non-Oil Exports

Non-oil exports represent only 11% of GDP, in line with other oil exporting countries, but are low compared to upper middle-income states that on average export 24.2% of GDP, reflecting the legacy of import substitution, a reliance on domestic markets and
Iran needs to expand its trade with more partners if it is to increase non-oil exports and achieve the Sixth Five-Year Development Plan’s (2017-22) target of growing non-oil exports 15% of GDP by 2020.Iran needs to expand its trade with more partners if it is to increase non-oil exports and achieve the Sixth Five-Year Development Plan’s (2017-22) target of growing non-oil exports 15% of GDP by 2020.

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