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Iran

Islamic Republic of Iran

Flag of Iran

U.S. sanctions — Iran sanctions. Comprehensive prohibitions on most trade, financial services, and investment.

As of August 2026 — verify with OFAC and screen counterparties with the xin.bz OFAC search.

Region
Asia · Southern Asia
Capital
Tehran
Population
92,417,681 (2025)
Government
theocratic republic
Currency
Iranian rial (IRR)
Official languages
Persian (Farsi)
Spoken languages
Persian Farsi (official), Azeri and other Turkic dialects, Kurdish, Gilaki and Mazandarani, Luri, Balochi, Arabic
Written scripts
Perso-Arabic
Area
1,648,195 km²
Coastline
Coastal
UN member
Yes
Affiliations
BRICS, IMF, OIC, OPEC, SCO (observer), WCO, WTO (observer)
Borders
Afghanistan , Armenia , Azerbaijan , Iraq , Pakistan , Türkiye , Turkmenistan

Political stability

39 / 100

Economic stability

24 / 100

Population stability

82 / 100

0–100, higher is more stable. Political: World Bank governance score. Economic: government effectiveness, regulatory quality, and inflation proximity to 2% (World Bank). Population: stability of growth and net migration rates (World Bank).

Trade profile

Key exports
plastics, iron ore, alcohols, natural gas, refined copper (2023)
Key imports
broadcasting equipment, vehicle parts/accessories, corn, soybeans, vehicle bodies (2023)
Natural resources
petroleum, natural gas, coal, chromium, copper, iron ore, lead, manganese, zinc, sulfur
Luxury goods
caviar, saffron, hand-knotted carpets
Primary route
Indian Ocean services to Asia, the Gulf, and Europe via Suez
Secondary route
Bay of Bengal and Arabian Sea feeder networks

The xin.bz view

xin.bz coverage

El Niño Is Raising the Middle East's Food and Water Needs — While War Is Rewriting How Supply Gets In and Energy Gets Out

Gulf desalination and grain buying, Egypt's Nile and Suez loops, Hormuz fertilizer constraints, and $280B+ in reconstruction demand — the Middle East sits on both sides of the El Niño shock.

El Niño Is Splitting Africa's Water Map — Just as the World Turns to the Continent for Food, Fertilizer, Fuel and Critical Minerals

A wetter Horn and a drier south, Southern Africa's grain and Kariba buffers, cocoa's port squeeze, Moroccan phosphate and Nigerian fuel as global substitutes, and the corridors that turn African resources into accessible supply.

Vessel-Days Are Becoming the Scarce Asset in Global Shipping

The merchant fleet is growing while effective capacity tightens — Hormuz detours, Panama slot cuts, war-risk insurance, officer shortages and drydocking are consuming the ship-days that move cargo.

The Fuel Dock Becomes the Next Shipping Chokepoint

Large-vessel bunker constraints are moving from refinery systems into global freight economics — a 218,000 b/d fuel-oil deficit, 12–15-day Singapore lead times, and the routes, industries and carriers that pay first.

Future Insight ·

Rearming the World Is Becoming a Race for Explosives, Factories, Critical Minerals, and Trusted Supply Chains

Future Insights deep dive — the 2026–2032 global rearmament cycle: a ~2.6 million tonne military replacement obligation, and the industrial race in explosives, propellant, rare-earth magnets, and trusted supply chains.

Trade research

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Sources: mledoze/countries (ODbL), CIA World Factbook (public domain), World Bank Open Data (CC BY-4.0), flag-icons (MIT). Stability scores are xin.bz composites of the cited World Bank indicators; routes and commodity notes are xin.bz assessments. Informational only — verify with official sources.