ISLAMIC REPUBLIC OF IRAN

IRAN is a market worth exploring.

Canadian exports to Iran in 2001 reached $500 million, making it one of Canada's largest markets in the Middle East. As Iran's economy continues to grow and the country  prepares for the future, it needs foreign products and technology.

Canadian firms are already active in Iran, establishing a solid reputation from which other Canadians can benefit. Iran has a rapidly growing population and is establishing itself as a vital link with Central Asian republics and as a base for doing business with its neighbours in the Middle East and west Asia.

Holding roughly 9% of the world's oil, Iran has the second largest reserves of natural gas in the world and the second largest petrochemical industry in the Middle East.

With imports surpassing $20 billion annually markets exist for:


IRAN at a Glance

  • Area: 1,636,000 sq. km.
  • Population: 66 million
  • Capital: Tehran
  • Language: Farsi (English used commercially)
  • Religion: Majority Islam (Shiite)
  • GDP: US$110 billion (1996)
  • Imports: US$14.3 billion (1996)
  • Exports: US$19 billion (1996)
  • Key trading partners: Japan, Germany
  • Key sectors for Canadians: oil & gas, energy, telecom, mining, environment, transportation
  • Canada/Iran bilateral trade: over one billion Canadian dollars (1997)
For comparative analysis of Iran and Canada see: www.salamiran.org

© 2001 Iran Canada Business Council