Polymer Products Constitute 2.2% of Non-Oil Exports

The polymer industry accounts for 2.2% of Iran’s non-oil exports, while the installed capacity for polymer products is more than 20 million tons, of which only 5 million tons are produced per year and half of which is exported, the chairman of the board of Iran National Plastic and Polymer Industries Association said.
“The polymer industry accounts for 1.5% of GDP and 3.6% of employment in the country,” ISNA also quoted Saeed Torkaman as saying.
“In 2020, we had a decline in polymer exports, which reached about $2.5 billion, while exports of complementary petrochemical industries were about $2.7 billion,” he added.