Iran recorded a trade surplus of 12983 USD Million in the second quarter of 2018. Balance of Trade in Iran averaged 4808.44 USD Million from 1974 until 2018, reaching an all time high of 20935 USD Million in the second quarter of 2011 and a record low of -6529 USD Million in the fourth quarter of 1992.
Balance of Trade in Iran is expected to be 2500.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Iran to stand at 4000.00 in 12 months time. In the long-term, the Iran Balance of Trade is projected to trend around 5000.00 USD Million in 2020, according to our econometric models.