• overview
  • strengths
  • Bilateral Agreements
  • bilateral trade
  • agencies
  • Indian Mission

US$ 1mn
FDI inflows from April 2000 to March 2021

US$ 1,914.47mn

bilateral trade value for 2021-2022

Overseas Indians living in Iran


highest gas reserves and gas exports in the world


of world’s proven oil reserves owned by Iran

Oil & gas

62 onshore oil fields, 16 offshore oil fields, 20 onshore gas fields, and 2 offshore gas fields currently operational in Iran


of national gas pipeline in Iran; one of the world's biggest networks


Abundant resources such as zinc, iron, copper, lead, coal, uranium, chromate and manganese

India's Exports and Imports to Iran

Dated: 30/01/2023
Values in US $ Millions

Country / Region:  IRAN

S.No. \Year 2017-2018 2018-2019 2019-2020 2020-2021 2021-2022
1. EXPORT 2,652.37 3,511.01 3,373.62 1,774.69 1,451.09
2. %Growth 32.37 -3.91 -47.40 -18.23
3. India’s Total Export 303,526.16 330,078.09 313,361.04 291,808.48 422,004.40
4. %Growth 8.75 -5.06 -6.88 44.62
5. %Share 0.87 1.06 1.08 0.61 0.34
6. IMPORT 11,111.52 13,525.64 1,397.33 331.48 463.38
7. %Growth 21.73 -89.67 -76.28 39.79
8. India’s Total Import 465,580.99 514,078.42 474,709.28 394,435.88 613,052.05
9. %Growth 10.42 -7.66 -16.91 55.43
10. %Share 2.39 2.63 0.29 0.08 0.08
11. TOTAL TRADE 13,763.89 17,036.65 4,770.95 2,106.17 1,914.47
12. %Growth 23.78 -72.00 -55.85 -9.10
13. India’s Total Trade 769,107.15 844,156.51 788,070.32 686,244.36 1,035,056.45
14. %Growth 9.76 -6.64 -12.92 50.83
15. %Share 1.79 2.02 0.61 0.31 0.18
16. TRADE BALANCE -8,459.16 -10,014.63 1,976.29 1,443.20 987.70
17. India’s Trade Balance -162,054.83 -184,000.33 -161,348.24 -102,627.40 -191,047.65

Organization for Investment and Economic and Technical Assistance of Iran

+98-21-3396-7075; 3990-2115

Visit Website

Tehran, Imam Khomeini Square (RA), Bab Homayon St., St. Asrafil St., Davar St. - Ministry of Economic Affairs and Finance - Organization for Investment, Economic and Technical Assistance of Iran - PO Box: 4618 / 11365

Embassy of India, Tehran


Visit Website

22, Mir Emad Street (Corner of 9th alley),
Dr. Beheshti Avenue,
Tehran, Iran

Commercial Representative


Visit Website


Agricultural exports

    Carcasses/half-carcasses of sheep (excl. lamb), fresh/chilled (020421)
    Meat of bovine animals, frozen, boneless (020230)


    Maize (corn), other than seed (100590)
    Other barley excl seed (100390)
    Semi-milled/wholly milled rice, whether or not polished/glazed (100630)


    Butter (040510)


    Food preps., n.e.s. (210690)


    Cane sugar specified in subheading note 2 to this chapter: (170113)
    Plantains: frsh or dried (080310)
    Vegetable seeds, of a kind used for sowing (120991)


    Chickpeas (garbanzos), dried, shelled, whether or not skinned/split (071320)
    Kidney beans, incl. white pea beans (phaseolus vulgaris), dried, shelled, w … (071333)


    Lentils, dried, shelled, whether or not skinned/split (071340)

Employment Opportunities

*Information subject to changes amid the global COVID-19 pandemic.

Iran attracts foreign workers in the hydrocarbon, agriculture and service sectors. An expat planning to work in Iran will need a business (entry) visa, as well as a letter from employment sponsor in Iran. Visas have to be approved by the Ministry of Foreign Affairs (MFA) in Tehran.

The Indian Community in Iran comprises of around 4,337 Indian nationals. There are approximately 2,800 Indian nationals undergoing theological studies in Qom, Mashhad and Esfahan. It may be noted that currently there is no bilateral MoU on exchange of laborers/workers between Iran and India, and language barriers can pose an obstacle.

More Info: eVisa-Ministry of Foreign Affairs Ministry of Foreign Affairs Employment of Foreign Nationals in Iran

    Farming, fisheries, dairy, animal husbandry

    The agricultural sector in Iran makes up 20% of the national GDP, employing 33% of total workforce. Iran’s agriculture sector draws innovation and manpower from foreign sources in efforts to make the country sustainable in farming.

    Ministry of AgricultureEmployment Visa

    Doctors, nurses, radiologists, lab technicians

    The healthcare sector in Iran was worth over US$33 billion in 2015. Iran attracts foreign healthcare workers ranging from doctors to nurses and lab technicians.

    Ministry of Health and Medical EducationEmployment Visa

    Software, hardware, new technology in telecoms and communications

    The ICT sector in Iran is expected to record rapid growth owing to an encouraging mix of demographic and economic factors. The IT and ICT infrastructure in Iran has been set up and is supported by foreign workers.

    Information and Communications Technology MinistryEmployment Visa

    Automobile to food products production

    Steel, weaving, food processing, car, electrical and electronics, among others, represent the leading industries in the country. The manufacturing industry in Iran, covering a range of products, draws foreign manpower.

    Ministry of Industry, Mine & TradeEmployment Visa

    Upstream oil and gas sector staffing

    Iran has the second largest natural gas deposit in the world, with great potential for resources development. Iran’s oil and gas exploration sector is a major employer and strength for the economy.

    Ministry of PetroleumEmployment Visa

    Faculty positions up to uninversity

    There are more than 50 universities and institutes of higher education across Iran. The education sector in Iran, ranging from schools to universities draw foreign teaching staff from different disciplines.

    Ministry of EducationEmployment Visa

Priority Sectors

Here are the leading sectors of opportunities for foreign investors

Top Import/ Export Items

India's top import from Iran
  • Petroleum and its products
  • Inorganic/organic chemicals
  • Fertilizers
  • Plastic and articles
  • Edible fruit and nuts
  • Saffron
  • Rubber manufactured goods
  • Semi-precious stones
  • Glass and glassware
  • Natural or cultured pearls
India's top export to Iran
  • Rice
  • Tea
  • Iron & Steel
  • Organic Chemicals
  • Metals
  • Electric Machinery
  • Drugs and Pharmaceuticals

Bilateral Investors

Country News

India looks to boost connectivity, commercial ties with Uzbekistan

August 2, 2021

India is attempting to ramp up its relationship with Uzbekistan …

Read More

Five pillars of diplomacy are helping India maintain strategic autonomy

July 1, 2021

Foreign Secretary Shri Harsh Vardhan Shringla has said India’s relations …

Read More

INSTC Western Wing to bolster India’s international trade relations

June 24, 2021

Marking a major first in Indo-EU bilateral relations, a Finnish …

Read More