Iran and Britain's foreign trade Performance

( 5 years trend )

 

EXPORT:

                       According to the statistic office of IRI custom's report, in the year 2002, the total amount of none oil export of Iran was US$ 5,972,161,709, part of it, which amounted US$ 33,647,968, was incorporated with exportation to Britain, which was about 0,57 % of the total country's. Export in that year. While at the same time the total amount of export of Iran to the EU was equivalent to US$ 841,902,864, and Britain's share of this amount was only 4%. Therefore as it is stated, Britain stayed in the 36th place among the importing countries of Iran.

During the past mentioned 5 years The main Iran's exporting item to Britain, , among them the year 2002, according to their values was as follows:

 

  1. Carpet and other textural floor wear amounting to 9,060,701 US Dollars.
  2. Ferromolybdenum, amounting to 2,769,803 US$
  3. Fresh and dried date amounting to 2,604,149 US$

4. Frozen shrimp and prawn, amounting to 171,971 US$

5. Stone and other mineral material, amounting to 2,093,553 US$

6. Rasen grape amounting to 2,082,993US$

7. Animal Soft wool, amounting to 2,054,291 US$

8. Moulibdon stone and concentrate stone amounting to 1,186,631 US$

9. Moulibdon Oxides and hydroxide amounting to 1,171,000, US$

10. Kitchen wear and household appliances amounting to 59,5067US$

 

Table 1

 

The Five years trends of Iran's export to Britain

(1999-2003)

 

Year

Export

Alteration percentage as compared with the previous year

Share of Iran's total export

1999

31,847,999

-

95%

2000

37,068,561

16.4

98%

2001

265,377,079

-28.4

61%

2002

25,250,653

-4.8

54%

2003

23,647,968

33.2

57%

 

The trend of export from Britain to Iran was increasing, then decreasing, and again increasing during 1999 to 2003, and also the ratio of Iran's export share to Britain, to the total Iran's export was diminishing, during this five year trend, except for the year 2003 which has shown a little increase.

 

Table2

Iran's total export to the world, EU and Britain

                                                                                                                Million US$

Year/ Export/Market

1999

2000

2001

2002

2003

Total Export

3,361

3,763

4,224

4,608

5,972

Europe

2,181

2,179

1,876

968

1,117

EU

907

945

908

750

841

Britain

32

37

26

25

34

 

IMPORT:

                  The total Iran’s importation in the year 1382 (2003) amounted to 26,597,737,51US$. Among them, the EU share to Iran‘s import was about 10,320,942,541US$ and the importation Iran Britain amounted to 887,990,155 US$. The British share to the total Iran’s import was equivalent to 3.34% and to the import form EU was equivalent to 8.6% therefore Britain stayed in the ninth rank among the other exporting countries to Iran: 

                                                                                                

The main importing items from Britain in value order are as follows:

 

     Steam Turbine Spare parts and accessories amounting to 47,159,106 US$

     Tractor, amounting to 41,302,383US$

     Vehicle parts, amounting to 4,302,383 US$

     Components and parts for drilling and well digging machineries amounting to

5-     Unmixed steel and Iron Bar amounting to 20,095,536 Dollars.

     Components and parts for gas turbines amounting to 180,443,829 Dollars.

     Other machines and mechanical apparatus amounting to 15,658,784 Dollars.

     Components and parts for compressive and combustive engines, amounting to 14028534 Dollars.

     Parts and sparking engines, amounting to 13,488,314 Dollars.

Other things like facits and similar means, amounting to 11,950,705

Table 3

The Five year Iran Importation from Britain

(1999-2003)

Year

Export amount

Alteration percentage as compared with the previous year

Share of Iran's total export

1999

-

439,075,415

3.5

2000

16

509,546,635

3.5

2001

30.7

666,139,484

3.8

2002

3.7

690,571,080

3.1

2003

28.6

887,990,155

3.4

The trend of Iran's importation from Britain has always shows the positive growth rate, but at the beginning it has been increasing, then decreasing, and again increasing, and also the share of Iran's import from Britain in the ratio of the Iran's total importation has been steady, around 3 to 4%, during this 5 year.

Table 4

Change in gradation and Britain's share of export to EU and the Total exportation

                                                                                                                                         Million US$

Year/ Export Market

1999

2000

2001

2002

2003

Britain's  rank

25

30

35

37

34

Britain's share to EU %

3.5

3.9

2.9

3.3

4

Britain's share of the total export%

0.9

1

0.6

0.5

0.6

 

Table 5

The Iran’s total importation form the world, EU, and Britain

                                                                                                                   Million US$

Year/ Import/Market

1999

2000

2001

2002

2003

Total Import

12,683

14,347

17,627

22,275

26,598

Europe

11,292

12,532

15,262

12,773

13,784

EU

5,156

5,193

9,480

8,184

10,320

Britain

439

509

666

661

888

    

Table 6

Change in grade and Britain’s import share from the EU and the total import

                                                                                                 Million US$            

Year/ Import/Market

1999

2000

2001

2002

2003

Britain rank

12

10

10

10

9

Britain share form EU %

8/5

9/8

10/3

8/4

8/6

Britain share of the total import %

3/5

3/5

3/8

30/

3/3

 


Copyright © 2003 Irano-British Chamber of Commerce, Industries and Mines. All rights reserved.
Revised: 11 march, 2006.