PremiumIran’s condensate export drops by 30.56 per cent

Azerbaijan, Baku, Oct. 31/ Trend, D.Khatinoglu, N. Umid/

Iran has exported some 4.433 million tons of condensate worth of $3.926 billion during the first seven months of the current solar year (started on March 21), which indicates decrease by 30.83 per cent in volume and 30.56 per cent in value respectively compared to the figures of the same period of the last solar year.

According to Iran Custom Administration's latest monthly report released on October, the country's condensate export increased by about 200 per cent during the last month (September 20 to october 20) compared to the previous month.

Iran exported only $280 million worth of condensate from August 20 to September 20, while the total condensate export during the first six months of Iranian calendar year hit $3.385 billion.

Iran exported about 9.630 million tons of condensate (approximately 241,100 barrels per day) worth of $8.881 billion during the last solar year, which indicates about 15.36 per cent drop in volume and 12.56 per cent drop in value respectively compared to the preceding year.

Custom Administration's new monthly report also said that the country has exported around 7.864 million tons of petrochemicals worth of $5.592 billion during the first seven months of the current solar year, which indicates decrease by 12.97 per cent in volume and 12 per cent in value respectively compared to the same period of the last solar year.

Iran exported some 14.492 million tons of petrochemicals worth of $10.097 billion during the last solar year, which indicates fall by 31.85 per cent in volume and 32.88 per cent in value respectively compared to the preceding year.

Iran has exported about $21.162 billion worth of non-oil goods (including condensate) during the first seven months of the current solar year.

The figure indicates a decrease by 15.06 per cent compared to the same period of the last solar year.

The country's imports have hit $24.056 billion during the period, which indicates fall by 24.79 per cent compared to the same period of the last solar year.