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Foreign Trade in Oil Products Hit $15 Billion in Six Months

The volume of exports witnessed a 20% decline compared to last year, while the value of exports experienced a 40% surge due to the rise in global prices
Foreign Trade in Oil Products Hit $15 Billion in Six Months
Foreign Trade in Oil Products Hit $15 Billion in Six Months

Iran has traded 26 million tons of oil products worth $15 billion with other countries in the last six months, the head of the Board of Directors at the Iranian Oil, Gas and Petrochemical Products Exporters Union said.
“Exports included a wide range of oil, gas, petrochemical and chemical commodities,” ISNA also quoted Hamid Hosseini as saying.
Drawing a parallel with last year’s figures, he added that the volume of export has witnessed a 20% decline, while its value experienced a 40% surge compared to a year ago because of the rise in global prices.
Giving a breakdown, Hosseini noted that of the total exports, polymers accounted for 1.8 million tons worth $2.2 billion.

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