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Iran’s petrochemical exports hit $3.5 B in 3 months

Business Materials 28 June 2016 15:50 (UTC +04:00)

Baku, Azerbaijan, June 28

By Fatih Karimov – Trend:

Iran exported $3.542 billion worth of petrochemicals in the first three months of the current fiscal year (March 20-June 20), the country’s customs Administration said.

The figure shares 33.82 percent of Iran’s overall non-oil exports in terms of value.

The country also exported $1.69 billion worth of gas condensates during the 3-month period, which makes up a 16.14 percent share from total non-oil exports’ value.

During the first three months of the current Iranian fiscal year Iran exported 27.78 million tons of non-oil goods worth $10.472 billion.

Liquefied gas worth $1.69 billion, petroleum gases and gas hydrocarbons ($434 million), iron and steel products ($354 million), liquefied propane ($343 million) and light oils and products (except for gasoline) worth $291 million where other top exported goods in the 3-month period.

In the meantime, Iran imported 7.263 million tons of goods worth $9.1 billion.

The average price for each ton of Iran’s non-oil goods in the mentioned period was around $377, meanwhile the figure for imported goods was $1239.

China (21.49 percent of total exports in terms of value, 12.6 percent increase year on year), the UAE (16.92 percent share, 10.65 percent fall), Iraq (14.49 percent share, 5.76 percent decrease), South Korea (11.8 percent share) and India (7.4 percent share) were the top Iranian goods importers during the 3-month period.

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