BAKU, Azerbaijan, September 3. Iran exported 13 million tons of petrochemical products worth $5.5 billion over the past year, Deputy Oil Minister of Iran and Executive Director of the National Petrochemical Industry Company Hassan Abbaszadeh said at a press conference today, Trend reports.
He stated that the local market transacted seven million tons of
petrochemical commodities, aggregating a valuation of $4
billion.
Abbaszadeh further articulated that in the preceding fiscal year,
the volumetric throughput of petrochemical product transactions
reached an aggregate of 20 million metric tons, translating to a
monetary valuation of $9.5 billion.
The deputy minister highlighted that throughout the preceding
fiscal year, the domestic production of petrochemical commodities
reached a substantial volume of 32 million tons.
To note, the data from the Iranian Customs Administration shows that during the five months of the current Iranian year (from March 21 through August 22, 2025), Iran's petrochemical product exports amounted to 21.9 million tons worth $8.63 billion. Exports of petrochemical products decreased by 13 percent in value and grew by 12 percent in weight compared to last year (from March 20 through August 21, 2024).
Currently, 72 petrochemical enterprises are operating in Iran. The annual output potential of petrochemical products is 96 million tons.
As many as 61 petrochemical enterprises will be established in the country over the next five years with an investment of $24 billion. The annual production potential of these enterprises will be 35 million tons.
The goal is to increase Iran's petrochemical production to 186 million tons over the next 10 years.
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