U.S. President Donald Trump on Monday said any country that does business with Iran will face a 25% tariff on trade with the U.S., as Tehran grapples with its most substantial anti-government protests in years. According to the source text, Iran exported products to 147 trading partners in 2022.

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China is Iran’s largest trading partner. Iranian exports to China amounted to $22 billion in 2022, with fuels accounting for more than half of the total, according to the World Bank. Imports from China stood at $15 billion. In 2025, China bought more than 80% of Iran’s shipped oil, according to data from analytics firm Kpler.

Iran’s other top trade partners include other countries in East Asia, Iraq, the United Arab Emirates, Turkey, and Germany. India’s total bilateral trade with Iran stood at $1.34 billion for the first 10 months of 2025. Iran’s exports to Turkey hit $5.8 billion in 2022, while imports amounted to $6.1 billion. Trade with other nations is more limited. Iran’s exports to Germany stood at $178 million in 2022, while imports totalled $1.9 billion.

South Korea’s exports to Iran between January and November 2025 were $129 million, while imports stood at $1.6 million. Japan imported modest amounts of fruit, vegetables and textiles from Iran and shipped some machinery and vehicle engines there, according to data through November 2025.

Fuel is Iran’s biggest export item by value. Iranian oil has a limited pool of buyers because of U.S. sanctions that seek to cut off funding to Tehran’s nuclear programme.

Source: IndexBox Market Intelligence Platform