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HISTORY & MODERN IRAN / FIELD NOTE

History of Foreign Trade

Iran’s foreign trade has connected regional producers and merchants with markets across Eurasia and the Indian Ocean. From early modern silk commerce to state-regulated imports and contemporary regional trading relationships, its history reveals changing connections between commerce, political power, and international access.

LEVEL 03Part of a connected cultural guide
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This researched draft has not yet received final editorial approval.

Research cutoff: · Updated:

Networks across land and sea

Iran’s early modern commerce operated through overlapping land and maritime networks. Under the Safavids, the dynasty that ruled from the beginning of the sixteenth century, merchants traded with Ottoman territories, India, Russia, and Central Asia. European trading companies added another layer to these relationships. Maritime commerce through the Persian Gulf expanded substantially, but overland exchange continued: one route did not simply replace another. s1

Silk was a prominent export, alongside products including horses, goat hair, and pearls. Imports included textiles, spices, metals, and sugar. Armenian merchants became important participants in the silk business, connecting production with markets abroad. Commerce also depended on arrangements with rulers, customs officials, brokers, and shipping companies. Shah Abbas I’s silk-export monopoly illustrates how a government could intervene directly in a valuable commodity rather than merely tax its movement. s1

The surviving evidence is uneven. European company archives illuminate particular transactions, but their share of total Iranian commerce is uncertain. They cannot establish a complete national trade balance for the early modern period. s1

[s1]

From merchant commerce to administrative control

Before the Pahlavi monarchy, foreign merchants operated under treaty protections, while Iranian merchants also served as agents for overseas firms. These overlapping roles make a simple division between domestic and foreign commercial activity misleading. During the Pahlavi period, government intervention expanded through import restrictions, commodity quotas, and state trading companies. Export certificates linked permission to import with prior export activity, making administrative access part of a merchant’s business. s2

Commercial decision-making also became more concentrated in Tehran. Transport connections, government offices, and state monopoly companies drew activity toward the capital, reducing the relative autonomy of provincial trading centers. This geographical shift helps explain why the history of foreign trade belongs to the history of Iranian cities as well as international relations. s2

After the revolution and during the war with Iraq, administrative controls sharply restricted private importing. Nowshirvani’s historical account distinguishes constitutional provisions and proposed legislation from the administrative measures actually used. It describes the expansion of government and foundation participation; it should not be read as a description of today’s legal arrangements. s2

[s2]

A changing export basket

The WTO’s inspected country profile identifies China, Iraq, the United Arab Emirates, and Türkiye among the principal destinations in its reported export data. Its product listings include liquefied hydrocarbons, methanol, bitumen, fertilizer, plastics, and steel. This is a substantially different commercial landscape from one organized around silk and caravan routes, although neighboring markets remain important. The same profile explicitly identifies Iran as a non-member of the WTO. s3

These listings require care: the profile attributes its trade figures to Trade Data Monitor, and this page does not treat them as a verified measure of every Iranian export channel. Nor does a recorded trading partner necessarily identify the final consumer of goods moving through an intermediary economy. The profile provides a documented snapshot, rather than a complete account of the mechanisms behind each transaction. s3

[s3]

One measurable relationship

The chart isolates EU-reported goods imports from Iran. The series rises to its highest displayed level in 2017, falls sharply in 2019, and remains below that earlier peak through 2025. It measures nominal value, so it cannot by itself distinguish changes in prices, physical quantities, or product composition. It also cannot establish the causes of the decline. s4

Reading trade history therefore requires two questions together: what moved across borders, and which institutions recorded or controlled that movement? Merchant archives, historical customs reports, and contemporary partner statistics answer different parts of that question. s1 s2 s4

[s1] [s2] [s4]
EU-reported annual goods imports from Iran, 2015–2025The displayed series peaks in 2017 and drops sharply in 2019. The 2025 value remains below the 2015 level. These are EU-reported bilateral goods flows, not Iran’s worldwide exports.
Loading chart…
Chart data visualization

European Union of 27 member states as reporter; Iran as partner · gregorian

Data, units and methodology

Transcribed from the European Commission factsheet dated 20 May 2026, page 3, Imports column. Source: Eurostat Comext, statistical regime 4. Values are nominal million EUR, as published; no currency conversion or inflation adjustment was performed. The factsheet defines the EU using its 27 listed member states. Values are classified here as observed reported trade statistics; the table does not provide observation-specific revision flags.

European Union goods imports from Iran · gregorian
Reporting periodEU goods imports from Iran (EUR; ×1000000)
20151,221 observed[s4]
20165,461 observed[s4]
201710,099 observed[s4]
20189,425 observed[s4]
2019680 observed[s4]
2020713 observed[s4]
2021921 observed[s4]
20221,057 observed[s4]
2023800 observed[s4]
2024850 observed[s4]
2025750 observed[s4]

Bilateral EU-reported merchandise flows do not measure Iran’s total foreign trade.

The inspected table begins in 2015; earlier years within the default research window were not appended from another release.

Values are published in rounded millions and remain subject to statistical revision.

Nominal values do not identify changes in physical trade volume or establish causal explanations.

No complete 2026 annual observation was available at the research cutoff.

[s4]

Sources & research notes

  1. [s1] COMMERCE vi. In the Safavid and Qajar periodsEncyclopaedia Iranica · Vol. VI, Fasc. 1, pp. 67–75; commerce under the Safavids, Afsharids, and Zands; volume, composition, and organization of trade · Accessed 2026-10-26
  2. [s2] COMMERCE vii. In the Pahlavi and post-Pahlavi periodsEncyclopaedia Iranica · Vol. VI, Fasc. 1, pp. 75–89; The data; Organization of foreign trade; trade regulation discussion · Accessed 2026-10-26
  3. [s3] WTO Tariff & Trade Data: Iran profileWorld Trade Organization · Bound tariffs; Exports by destination; Exports by products HS 2022; displayed trade reference year 2024 · Accessed 2026-10-26
  4. [s4] European Union, Trade in goods with IranEuropean Commission, Directorate-General for Trade and Economic Security · Page 1, EU composition; page 3, Total goods: EU Trade flows and balance, annual data 2015–2025, Imports column · Accessed 2026-10-26

limitations

  • The narrative concentrates on the early modern period onward; ancient and medieval networks are introduced through the related Silk Road page.
  • Older scholarship is used for historical developments, not as evidence of current commercial law.
  • The chart documents a bilateral trend and does not attribute changes to a single policy or event.

data gaps

  • No single inspected annual series reconciled Iranian worldwide exports, partner-reported imports, and all petroleum trade.
  • The inspected EU table covers 2015–2025 rather than the full default window of 2012–2026.
  • Comparable national annual totals cannot be reconstructed from the inspected early modern archival synthesis.

coverage period

Early sixteenth century–2025; contemporary source inspection through 2026-10-26

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