Iran's petrochemical products export increased by 22 percent
Baku, Azerbaijan, Dec.4
By Dalga Khatinoglu - Trend:
Iran's petrochemical products export experienced 22 percent growth during the last eight months.
According to the Custom Administration's monthly report, published on Dec.4, Iran exported 11.339 million metric tons of petrochemical products valued at $8.961 billion during first eight months of the current fiscal year, which started on March 21.
The volume and value of Iran's exported petrochemical products increased by 22.05 percent and 28.07 percent in comparison with the same period last year.
Petrochemical products shares 28.5 percent of Iran's non-oil exports value (including condensate) in this period.
The Middle Eastern country's top five exported non-oil goods are propane ($1.375 with 90.71 percent growth), methanol ($974 million with 19.8 percent growth), polyethylene ($925 million with 62.28 percent growth), butane ($924 million with 41.94 percent growth) and tar ($827 million with 15.5 percent growth) respectively.
These goods shared 22 percent of Iran's total non-oil exports (including condensate).
Iran also exported $8.729 billion worth of natural gas condensate, increasing by 53.5 percent compared to the same period of last year.
Dalga Khatinoglu is an expert on Iran's energy sector, head of Trend Agency's Iran news service. Follow him on @dalgakhatinoglu