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Iran's goods export through PSEEZ increases

Business Materials 29 March 2011 17:26 (UTC +04:00)

Azerbaijan , Baku, March 29 /Trend, A.Yusifzade/

Iran's petrochemical products export, including light and heavy linear polyethylene, gas condensates, propane, butane and benzene, to the foreign countries through the Pars Special Economic Energy Zone (PSEEZ) custom administration increased in weight by 27 percent to more than 18.282 million tons and in value by 50 percent to over $11.613 billion last Iranian year (ended March 20, 2011) compared with the same period of the previous year, FNA reported quoting PSEEZ Customs Head Ahmed Heydarpur as saying.

Iran 's gaseous condensates export to the foreign countries through the PSEEZ's custom administration increased in weight by 64 percent to more than 10 million tons and in value by 72 percent to over $6.362 billion during the reported period, Heydarpur added.

Heydarpur said more than 7.716 million tons of non-oil products worth over $5.250 billion has been exported to foreign countries through the PSEEZ's custom administration during this period, increasing by 31 percent compared with the same period of the last year.

Iran's non-oil exports with Asian countries, the key destinations for the commodities, have grown considerably since April 2010, Press TV reported.

Iran exported $25.64 billion non-oil commodities, including gaseous condensates, during the ten months to January 2011, up 22.21 percent.

Well over 84 percent of the goods were exported to Asian countries.

China, Iraq, the United Arab Emirates, India and Afghanistan were the major destinations, the Economic and Financial News Network reported.

Europe which received more than 12 percent of the goods was the second major destination for Iranian exports.

Petrochemical exports grew by 35.53 percent, and exports of gaseous condensates recorded 13 percent rise during the ten-month period.

According to the International Monetary Fund (IMF), Iran is the third largest country in the Middle East and Central Asia in terms of exports and imports.

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