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Economy, Domestic Economy

Decline in Gas Condensate Exports

Iran exported 2.99 million tons of gas condensates worth $1.55 billion during the first three months of the current Iranian year (March 21-June 21), registering a 26.59% and 2.57% decline in tonnage and value respectively compared with last year’s corresponding period.

The data were culled by Financial Tribune from the Islamic Republic of Iran Customs Administration’s latest report.

Gas condensate had a 10.73% and 13.41% share in the country’s total exports in terms of tonnage and value respectively during the three months.

The UAE, South Korea and China were its main customers. 

IRICA considers gas condensates as non-oil commodities in calculating its export statistics.