In recent years, economic relations between Iran and Pakistan have taken a new turn — one in which borders are no longer merely lines of separation but hubs of economic connection. According to official data, total trade between the two countries reached over $3.13 billion in 2024 (Iranian year 1403), of which $2.4 billion accounted for Iran’s exports and $706 million for imports from Pakistan.

This marks a significant leap compared to a decade ago, particularly when viewed against the 2015–2017 period, during which trade volumes fluctuated below $1.2 billion.

An examination of trade trends since 2010 (1389 in the Iranian calendar) shows that Iran’s exports to Pakistan have grown more steadily than its imports. Iranian exports rose from around $550 million at the beginning of the 2010s to over $2.4 billion in 2024, while imports from Pakistan increased from $382 million to $706 million over the same period.

This positive trade balance underscores Iran’s strong export position in the Pakistani market and its success in consolidating its role in meeting the economic needs of its eastern neighbor.

During the first four months of 2025 (1404), Iran’s exports to Pakistan reached $606 million, while imports from Pakistan stood at $281 million — figures that highlight the continued momentum of bilateral trade despite sanctions and weak border infrastructure.

In terms of trade composition, Iran mainly exports petroleum products, powdered milk, dates, and construction materials to Pakistan, while importing rice, oilseeds, and meat products in return.

Given the two countries’ geo-strategic location, expanding border terminals, easing banking exchanges, and strengthening bilateral monetary agreements could turn Iran and Pakistan into a new regional trade hub. The future of cooperation between the two nations holds vast potential — not only in goods but also in energy, transit, and food security.