The market

Inhabitants:
80 million (2016)

Population growth:
1.2% (2014)

Strength:
Second largest oil and gas reserves in the world, strong GDP growth, young and relatively well qualified population

Opportunities:
Huge market for capital and consumer goods, financial strength, young and western oriented population with strong interest in modern and sophisticated products and technology

Commodities:

agrarian:

  • Caviar
  • Cotton
  • Pistachios
  • Dates
  • Oilseeds
  • Rice
  • Wheat

mineral:

  • Crude oil,
  • Natural gas
  • Coal
  • Iron ore
  • Copper

Fiscal year:
March 2015 – March 2016
(identical with Iranian New Year)

Iran is the Middle East’s leading industrial nation

  • An energy superpower with the world’s largest natural gas supply and the fourth-largest proven oil reserves
  • With 80 million inhabitants the second most populous nation in the Middle East and the 17th most populous in the world
  • Leading industries in the Middle East in car-manufacture and transportation, construction materials, home appliances, food and agricultural goods, armaments, pharmaceuticals, information technology, power and petrochemicals
  • A regional power with major influence in the region
  • A top five producer in the world of apricots, cherries, sour cherries, cucumbers and gherkins, dates, eggplants, figs, pistachios, quinces, saffron, walnuts, and watermelons
  • Geostrategic importance because of its central location in Eurasia and Western Asia, and its proximity to the Strait of Hormuz; a major regional and middle power, exerting considerable influence in international energy security and the world economy
  • Host to Asia‘s 4th-largest number of UNESCO World Heritage Sites and home to one of the world‘s oldest civilizations
  • A multicultural nation comprising numerous ethnic and linguistic groups
  • Sustained growth thanks to structural and political reforms
  • Estimated GDP-growth of between 5% and 8% in 2017-2020
  • Dynamic institutions encouraging the establishment of companies thanks to favorable fiscal policy and major economic reforms

Foreign trade

GDP