2026 Trade Outlook: India Export Statistics and Trends for Iran
Identify emerging opportunities and navigate market shifts in the India-Iran trade corridor for the 2026 fiscal year.
$1.3 b
Market Size
Ir 64 rice
Top product Export
India-UAE Comprehensive Economic
In force FTA
~-13.56%
Market Growth Rate
India’s 2026 Exports to Iran: A Market Analysis by the Numbers
AI Insight
India's export trajectory to Iran reflects a stabilizing market following a period of contraction from 2020 peaks. Total export value for 2024 stands at $1.25 billion, anchored by IR 64 rice ($698M).
While agricultural staples maintain market share, a pivot toward high-value sectors is evident. Vaccines (1,754% growth) and chickpeas (538% growth) represent significant emerging opportunities. The competitive landscape is shifting from bulk commodities to specialized pharmaceuticals and niche agri-products, offering new avenues for trade expansion despite overall volume fluctuations.
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5-Year Export Trajectory for India's to Iran's
AI Insight
India's exports to Iran exhibit significant volatility, peaking at $2.24 billion in 2020 before a sharp decline. The market showed signs of stabilization in 2024, with export values reaching $1.25 billion, up from $1.18 billion in 2023. This 5.6% year-on-year growth suggests a modest recovery phase after the significant downturn observed between 2021 and 2023.
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Access Export IntelligenceTop 10 Exports from India's to Iran's
AI Insight
IR 64 rice dominates the export portfolio, accounting for $698.3 million in 2024. Other key contributors include soya-bean oil-cake ($149 million) and edible fruits ($60.9 million). The data underscores a trade profile heavily concentrated in agricultural staples and food products, which represent the bulk of India's high-value shipments to the Iranian market.
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Access Trade FlowsComparative Analysis of Export Expansion Rates
Compare export growth rates across markets and products to identify outperforming segments and strategic opportunities.
Compare Growth RatesAI Insight
The market demonstrates a strong upward trajectory with a growth rate of 12.07%.
This double-digit expansion suggests robust consumer demand and significant opportunities for stakeholders to capitalize on emerging trends within the sector.
High-Potential Categories in the Iran's Market
AI Insight
Vaccines and pharmaceutical cultures emerged as the fastest-growing category with a staggering 1,754% increase in 2024. Other high-growth products include chickpeas (538.8%) and vanilla essence (185.8%). This surge in medical and specialized food ingredients suggests a shift toward higher-value niche exports alongside traditional agricultural trade.
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Explore Profitable NichesIran’s Import Regulations
Before Shipment
Documentation Required
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Simplify My EntryHow to Benefit from Iran’s Free Trade Agreements
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Unlock Lower Tariffs- India-UAE Comprehensive Economic Partnership Agreement
- India-ASEAN Free Trade Area
- India-Australia Economic Cooperation and Trade Agreement
- Iran-Eurasian Economic Union (EAEU) PTA
- Economic Cooperation Organization Trade Agreement (ECOTA)
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