China Is The Largest Export Market For Iran's Petrochemical Industry

According to Iranian media, half of Iran's petrochemicals were originally exported to China, making the East Asian country the largest export market for Iran's petrochemical industry, according to MENAFN's website, Tehran, 26 June.

Over the past few years, Iran's exports to China have increased dramatically, from about 19 per cent to 39 per cent in the past few years, representing a significant increase of 57 per cent over the previous financial year.

In the last fiscal year ending March 19, Iran exported 18.8 million tons of petrochemical products, while the country's petrochemical production increased from 40.5 million tons in 2013 to 46.5 million tons last year.

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