Iran's condensate, petrochemical exports decrease


(MENAFN- Trend News Agency ) Baku, Azerbaijan, April 11

By Gazenfer Hamidov – Trend:

Iran's non-oil exports, including condensates have witnessed a 6.6-percent increase during the last fiscal year (ended March 20).

Iran's Customs Administration said that the country's non-oil exports, including gas condensate, reached $46.93 billion during the last fiscal year compared to $44.42 billion of exports in the preceding year.

The volume of the exported goods reached 132.3 million tons in the 12-month period.

The country includes gas condensate and some raw hydrocarbon products, like propane, butane, etc. in its non-oil export basket.

During the period, the country exported $7.079 billion worth of condensate, 3.28 percent less year-on-year.

Iran's petrochemical exports also witnessed a fall by 8.3 percent in terms of value, meanwhile export of industrial products registered an increase by 22.3 percent year-on-year.

Liquefied natural gas ($2.495 billion), liquefied propane (worth $1.475 billion), light oils and products (excluding gasoline) worth $1.327 billion and methanol (worth $1.178 billion) were among Iran's top exported goods in the 12-month period.

China was the main importer of the Iranian goods during the period. Iran's non-oil exports to China registered a rise by 8.3 percent and stood at $9.065 billion.

The United Arab Emirates ($6.764 billion, fall of 9.6 percent), Iraq ($6.425 billion, 4.8 percent increase), South Korea ($4.38 billion, rise of 52.3 percent) and Turkey ($3.99 billion, an increase of 22.88 percent) were other top importers of Iranian non-oil goods during the last Iranian fiscal year.

Follow Trend on Telegram. Only most interesting and important news

MENAFN1104201801870000ID1096720812


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.