Foreign trade as a share of GDP reached 48.8 % in 2017 in Iran, according to the National Statistical Office. This is 12.9 % more than in the previous year.
Historically, foreign trade as a share of GDP in Iran reached an all time high of 76.1 % in 1975 and an all time low of 14.1 % in 1986. When compared to Iran's main peers, foreign trade as a share of GDP in Iraq amounted to 76.0 %, 25.8 % in Pakistan and 53.6 % in Turkmenistan in 2017.
Iran has been ranked 136th within the group of 165 countries we follow in terms of foreign trade as a share of GDP, 11 places above the position seen 10 years ago.
Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.