Economy

Iran Posts $110 Billion in Trade in 2025–26

Iran’s foreign trade totaled about $110 billion in the Iranian year 1404 (March 2025–March 2026), maintaining resilience despite heightened regional tensions and two periods of military conflict, according to official data released by the Islamic Republic of Iran Customs Administration.

As reported by Tasnim News Agency, the country’s total trade volume reached 191.6 million tons during the period. Of this figure, non-oil exports accounted for 150.5 million tons, valued at $51.66 billion. Imports, meanwhile, stood at 41.08 million tons, with a total value of $58.02 billion.

The data indicates that import values once again exceeded non-oil exports, resulting in a continued trade deficit for Iran in 1404. Despite this imbalance, the overall trade volume highlights the persistence of commercial activity under high-risk geopolitical conditions.

Transit also remained a key component of Iran’s trade performance. A total of 20.5 million tons of goods were transited through the country during the year, underscoring Iran’s sustained geopolitical role as a regional transit corridor, even amid security challenges.

A year-on-year comparison shows a notable contraction in trade values. In 1403 (March 2024–March 2025), Iran’s total non-oil foreign trade had reached $130.22 billion. This included $57.84 billion in exports and $72.38 billion in imports.

Accordingly, non-oil export value declined by more than 10% in 1404, while imports dropped by over 19% compared to the previous year. Analysts attribute this downturn primarily to the heightened regional tensions and the impact of two war-related disruptions that affected trade flows, logistics, and economic stability.

Despite these pressures, the latest figures suggest that Iran’s trade infrastructure and external economic linkages have remained operational, reflecting a degree of structural resilience in the face of ongoing geopolitical uncertainty.