Which countries do business with Iran and what could new US tariffs mean?


Of the 100-plus countries that trade with Iran, China is its biggest export partner.

In the year to October 2025, it bought more than $14bn (£10.4bn) of products from Iran, according to figures from Trade Data Monitor which are based on statistics from the Islamic Republic of Iran Customs Administration.

China is followed by Iraq, which received $10.5bn worth of goods from its neighbour. Iran also counts the United Arab Emirates and Turkey among its largest customers.

In fact, exports from Iran to Turkey jumped substantially from $4.7bn in 2024 to $7.3bn last year.

Almost all of Iran’s top 10 exports are fuel-related – it is one of the world’s largest oil producers.

It also ships food to other nations, including pistachios and tomatoes. But it is, by far, a much larger buyer of staples from its trade partners.

Food makes up about a third of Iran’s imports, in particular corn, rice, sunflower seeds and oils as well as soybeans.

But Iran’s biggest import is gold.

In the 12 months to October, it imported $6.7bn worth of gold compared to $4.8bn in the year before.


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