Raw Materials Exported for Importing Advanced Products

According to the Trade Promotion Organization of Iran, non-oil exports and imports in the fiscal 2021-22 were almost equal while the weight of exported products was three times that of imports, which indicate the country mainly exported raw materials and imported knowledge-based products.
A country's trade volume reflects its role in the global economy and its interaction with international players.
The higher the share of mining trade in a country, the more dependent its economy is on natural resources and away from a knowledge-based economy.