Iran’s non-oil trade value dropped by approximately 30 percent during the past four months (March to July), driven by armed conflict and severe disruptions to maritime transport routes.
Mohammad Sadeq Qannadzadeh, Deputy Head of Trade Services at the Trade Promotion Organization of Iran (TPOI), announced the downturn, stating that Iranian exports and imports decreased at roughly equal rates during this period. He cited the war and blocked maritime shipping corridors as the primary drivers behind the sharp decline in foreign trade.
While Qannadzadeh did not disclose exact figures for the four-month period, comparing his estimates against official customs data from the previous year highlights the scale of the contraction.
According to Islamic Republic of Iran Customs Administration (IRICA) data, Iran’s non-oil trade value stood at approximately $34.175 billion during the first four months of 2025. Of this total, $16.549 billion accounted for non-oil exports, while imports totaled $17.627 billion.
Applying the reported 30 percent contraction to last year’s baseline indicates that Iran’s non-oil trade volume shrank to approximately $24 billion during the first four months of the current year, a loss of roughly $10 billion compared to the same period in 2025.
