Canada and Iran have had a complex and often strained trade relationship, shaped largely by political and diplomatic tensions mostly influenced by the US foreign policy. Trade between the two countries has fluctuated significantly over the years, especially since Canada severed diplomatic ties with Iran in 2012. Despite the absence of formal diplomatic relations, limited trade continues under specific exemptions allowed by Canadian Government. According to Statistics Canada, bilateral trade remains modest.
In recent years, Canada's exports to Iran have included medical equipment, pharmaceuticals, and agri-food products, especially wheat and legumes. Imports from Iran have typically included nuts, fruits (such as dates and pistachios), carpets, and some mineral products. However, the volume of trade remains low due to restrictive sanctions and financial barriers, such as the lack of banking ties that complicate payments and transactions. There has been some public debate in Canada over the possibility of re-engaging Iran economically, especially in sectors like energy and technology, where Canada has competitive advantages.
In summary, Canada–Iran trade is minimal and highly regulated. While non–sanctioned goods continue to flow between the two countries, broader economic engagement remains limited by political and legal barriers. Future trade potential will largely depend on diplomatic developments and global geopolitical shifts.
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Canada exports to Iran
Canada Exports to Iran was $299 [USD] Million in 2024, down by $39M from $338M in 2023 according to the United Nations international trade database - Comtrade.
- Oil seed, oleagic fruits, grain, seed, fruits: $293.41M
- Products of animal origin: $2.44M
- Organic chemicals: $764.17K
- Pharmaceutical products: $605.93K
- Inorganic chemicals, precious metal compound, isotope: $538.75K
List of items: [tradingeconomics.com/canada/exports/iran] url on google !
Iran exports to Canada
Iran exports to Canada was $37.6 [USD] Million in 2024, up by $10.7M from $26.9M in 2023 according to the United Nations international trade database - Comtrade.
- Edible fruits, nuts, peel of citrus fruit, melons: $21.09M
- Pharmaceutical products: $5.81M
- Vegetable, fruit, nut food preparations: $2.30M
- Cereals: $1.06M
- Carpets and other textile floor coverings: $1.03M
List of items: [tradingeconomics.com/canada/imports/iran] url on google!
Trading Economics [tradingeconomics.com] url on google!
Web resources for Canada-Iran trade.
⚑ This is not an exclusive list, the list does not constitute endorsement or investment advice. By clicking on below external links you will leave this website and enter a third party website !3 web resources, order by title
Canada Iran Business Association
Association
canadairan.ca
External: Display it in Google search
Trading Economics
Canada exports to Iran
tradingeconomics.com/canada/exports/iran
External: Display it in Google search
Trading Economics
Canada imports from Iran
tradingeconomics.com/canada/imports/iran
External: Display it in Google search
Pages in alphabetical order
Bank of Canada rates
Canada-Iran trade
Canada's trade
Canadian currency