Iran additional imports from UK USA Germany Japan and France in 2016 and 2017 with sanction lifted

In January 2016 as part of the deal, Tehran got relief from international sanctions, which could lead to a resurgence in its economy

Lifting international sanctions will have a marked impact on trade, with exports and imports both potentially increasing by +20% in 2016 and imports increasing by a further +13% in 2017
There will be opportunities for exporters into Iranian metal, machinery and equipment, automotives and food markets. Initially, European exporters will benefit the most
Foreign Direct Investment inflows are likely to accelerate with the lifting of sanctions, reaching USD3.7 bn in 2017
Iran: Additional imports by sector with sanctions lifted (USD bn)

Sources: UNCTAD, Euler Hermes