Skip links
Iran's Automotive Industry

Iran’s Automotive Industry

This Expo Insightry report provides a snapshot of Iran’s Automotive in four sections:

Section One – Iran Macroeconomy at a Glance

  • Iran’s GDP composition shifted in 2011-2022: Services surged (CAGR 4%), Agriculture held steady (2%), Industries dipped (1%), while Oil & Gas contracted (-4%)

Section Two – Automotive Figures

  • In 2020, Iran’s automotive industry comprised 3% of total industrial enterprises, employed 9% of industrial labor, and contributed 6.7% to production value
  • In 2022, Iran ranked among the top 16 countries in terms of the quantity of cars produced
  • Car production is near the level of production in 2016 with passenger cars as the predominant car type shaping 88% of the total in 2022
  • Between 2011 and 2022, passenger car production has undergone fluctuations, while production in Iran has shown signs of recovery since 2019
  • Approximately 46% of Iranian families do not own a personal car, indicating a significant shortage in car supply

Section Three – Automotive Exports

  • Iran’s volume of automotive export increased by a 1% CAGR while the export value shrank by 4% in 2018-2022, suggesting lower prices or selling less valuable goods
  • In 2023, Iraq took a third of Iran’s car exports, while Venezuela (despite just 9% volume) offered the highest value per car exported
  • Iran’s export basket has seen a dramatic transformation in 2022, Venezuela acquired 24% of the export value, whereas its share was about 1% in 2021

Section Four – Automotive Top Players

  • According to IMI-500 (2022 version) the following four are the top players in automotive industry: (1) Iran Khodro, (2) Saipa, (3) Iran Khodro Dizel, (4) Bahman
  • Automakers with less productions have much higher growth rate, showing new emerging players and competition in the automotive industry

To receive the reports of Iran's Automotive Industry, please complete the following form:

ILIΛ's website uses cookies to improve your web experience.