Market profile

Iran is a significant regional economy with a large population (81.4 million in 2017), GDP of around US$432 billion, and some of the world's largest oil, gas and mineral reserves. Austrade considers the following sectors offer export prospects for Australia:

  • agricultural products
  • mining and resources
  • healthcare and wellbeing
  • water sustainability and management
  • education and skills training

Austrade advises Australian companies to conduct enhanced due diligence when dealing with Iran and seek legal advice on implications of re-established United States sanctions on Iran. Please contact Mounir Sankary, Trade Commissioner, if you require assistance in relation to Iran.

More information on doing business in Iran

Opportunities

Facts

  • Merchandise exports A$150 million
  • Services exports A$202 million
  • Capital Tehran
  • Official language Farsi (Persian)
  • Area 1,648,550 sq km
  • Population 82.4 million

Information provided by DFAT

Country brief

A comprehensive overview of political, economic and bilateral and regional trade agreements.

» read more at DFAT

Trade and economic fact sheet

Containing general information, recent economic indicators, Australia’s trade and investment relationship with Iran and their global merchandise trade relationship that is updated twice a year.

» read more at DFAT

Smartraveller

The Department of Foreign Affairs and Trade’s Smartraveller site provides advice for business travellers and tourists going to Iran. This is regularly updated and should be checked before planning travel.

» read more at DFAT

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