Authors

• Mohammad Reza Abedin ¹
• Mitra Rahmani ¹
• Hossein Mohammad Saeid ²

¹ Researcher, Institute for Trade Studies and Research

² Researcher, Central Bank of Islamic Republic of Iran

Abstract

In this paper, the trade potentials between Iran and GCC are identified by employing gravity models. Moreover, the Comparative Advantage Index of Iran and GCC countries are calculated from 1997 to 2001.
   The result of this study shows that Iran can increase its exports to the GCC countries to 652 million US$ and also raise its imports to 642 million US$, implying significant differences between trade potentials and trade performances.

Keywords

• Trade Potential
• Iran
• GCC