Export Markets

According to customs statistics, "gas condensate" Iran had the highest share exported non-oil goods value, and exported about 7 bn USD (more than 17 mn tons) of gas condensate to the world, accounting for more than 15% of total export value in the year ended March 2018.

Subsequently, " liquefied natural gas (LNG) and," and "liquefied propane in 1,000 C/CM and more’ containers and more", with a 5.3% and 3.1% share are next grades. Statistics show that oil products accounted for more than 31.6% (approximately 14.8 bn USD) of Iran export in the year ended March 2018.

The following table shows Iran’s 50 major export items, in the year ended March 2018. These items represented 70% of the Iran's total export value, amounted to 31.8 bn USD. It is worth noting that the first 10 export items accounted for nearly 40% of Iran total export value.

Table. The 50 major export items of Iran's non-oil products the year ended March 2018

Value share (%)	Value (mn USD	Weight (000 tons)	100 major export items
15.08	7,079	17,217	Gas condensate
5.32	2,495	13,273	Liquefied natural gas in 1000 C/CM containers and more
3.14	1,475	3,377
3.14	1,475	3,377	Propane liquids in 1,000 C/CM containers and more
2.83	1,327	3,188	Other light oils and products, except gasoline
2.51	1,178	4,045	Methanol (methyl alcohol)
2.19	1,026	862	grade film
1.96	921	16,706
1.96	921	16,706	hematite iron ore with purity more than 40% uncompressed
1.95	915	1,951	Liquefied butane in 1,000 C/CM containers and more
1.92	903	2,730	Semi-finished products of non-alloy steel or iron, with less than 25% carbon, not specified elsewhere
1.92	901	112
1.92	901	112	Pistachios with fresh or dried shell
1.6	753	915	اEthylene glycol (Ethan Diol)
1.6	751	3,549
1.6	751	3,549	Urea dissolved in water
1.48	695	1,444	Other gas oil and not specified liquefied hydrocarbons in 1,000 C/CM containers or more...
1.47	691	3,764	Bitumen
1.47	689	1,682
1.47	689	1,682	Non-alloy iron and steel, in primary forms (except ingot), not specified
1.42	666	1,208
1.42	666	1,208	Other cyclic hydrocarbons other than cyclanic, cyclonic or cycloterpenic, benzene, toluene, xylenes, styrene, ethylbenzene, cumene
1.42	665	590	Grade film
1.3	612	1,351	Other non-specified products with 70% weight or more, oil or mineral bitumen
0.98	459	468	Copper concentrate
0.94	442	1,445	ingot of non-alloy iron or steel, not specified elsewhere
0.78	365	5	Other flooring, except for Gabbeh carpet wool or anima soft hair
0.74	348	898	Semi-finished products of non-alloy iron or steel with a cross-section square or rectangular surface, the width of which is less than twice the thickness, with a 200 mm
0.74	348	898
0.74	345	318	Injection grade
0.72	336	131	Unwrought non-alloy zinc of 99.95 to 99.99% mass percent
0.7	329	273
0.7	329	273	Polyethylene film grade with a density of less than 94% except for powder type
0.7	328	715	Other Aromatic hydrocarbons mixtures distilled at 250 ° C in accordance with a 86.65ASTM D method.
0.67	316	189
0.67	316	189	Unwrought non-alloy aluminum
0.66	309	281	Body grade
0.6	281	246	Styrene
0.57	268	386	Non-circular unsaturated hydrocarbons, other than ethylene, propane, butane and isomers, buta
0.56	263	28	Non-velvet flooring, made of textile synthetic materials or artificially prepared
0.55	256	604	Apple ,fresh
0.53	249	160	Other poly chlorovinyl , not mixed with other materials other than suspension and emulsion
0.47	219	15	Fresh or dried pistachio nut
0.46	217	114	Unwrought Refined Lead
0.46	214	-	Saffron in bulk
0.43	202	930	Ammonia without water
0.43	202	6	steam turbines parts
0.42	197	186	Other poly ethylene
0.41	191	5,159
0.41	191	5,159	Other white Portland cement, except artificially painted
0.4	190	134	Tomato paste
0.4	190	64	Other plates, sheets, thin sheets of plastics, not specified elsewhere
0.4	189	144	Other polyethylene injection grade with a density of 94% or more, excluding powder
0.4	189	90	Buta 3.1 and Isoprene not saturated
0.4	188	454	Mineral base oil
0.39	183	1,149	Others
0.39	182	173	Polyethylene film grade in non-powdered with of 94% weight or more
0.36	171	6,047	Non-powdered cement as clinker
0.35	166	633	Direct Reduced Iron , not specified elsewhere, and 99.94% pure iron, in mass, cube etc…
0.35	165	57	Plastic housewares, not specified elsewhere

Source: IRICA

Export Destination

China was Iran’s largest export destination, worth more than 9 bn USD ,accounting for 19.3% total export value the year ended March 2018. Iran export value to China increased by 8.3%, in value but declined by 7.6% in terms of volume compared with the previous year.

After China, the United Arab Emirates, Iraq, the Republic of Korea and Turkey are respectively had the largest share of Iran's export value in the year ended March 2018. These five countries accounted for 65.3% of the total value of Iran's export.

The table below lists Iran’s 50 major export destinations. Iran's export value to the world grew by 6.6 % in the year ended March 2018, compared to the previous year. Among first 50 export targets, some countries have had a more significant impact on Iran's export value the year ended March 2018. The biggest impact was the export increase to the Republic of Korea, which increased by 52% in the year ended March 2018 compared to the previous year, and this share resulted an increase of 3.4% from the growth of 6.6% of Iran's total export. Subsequently, I export to Turkey and China increased by 1.7% and 1.6%, respectively.

Table. Iran's 50 main non-oil export targets the year ended March 2018

Value (mn USD)	Weight (000 tons)	Country	Rank
9,065	34,896	China	1
6,764	18,089	United Arab Emirates	2
6,425	13,092	Iraq	3
4,380	10,060	Republic of Korea	4
3,991	14,365	Turkey	5
2,792	5,916	Afghanistan	6
2,735	9,793	India	7
931	2,187	Pakistan	8
731	1,786	Thailand	9
645	1,982	Indonesia	10
573	1,266	Taiwan	11
521	1,747	Oman	12
425	982	Japan	13
423	765	Italy	14
418	882	Turkmenistan	15
379	80	Hong Kong	16
364	183	Vietnam	17
360	49	Germany	18
326	44	Syrian Arab Republic	19
324	711	Azerbaijan	20
294	540	Russian Federation	21
257	755	Egypt	22
249	1,705	Diameter	23
248	3,057	Costa	24
217	84	Tajikistan	25
206	787	Armenia	26
205	631	Malaysia	27
183	142	Spain	28
168	329	Kazakhstan	29
133	4	United States of America	30
127	331	Kenya	31
124	129	Belgium	32
98	82	Uzbekistan	33
92	1	Swiss	34
91	281	Georgia	35
89	13	Lebanon	36
85	169	Netherlands	37
83	212	Sudan	38
82	1,443	Bangladesh	39
67	11	Canada	40
62	183	Togo	41
61	60	Philippines	42
60	229	Myanmar	43
60	55	Romania	44
53	87	Jordan	45
48	18	England	46
47	49	Bulgaria	47
43	89	Singapore	48
42	77	France	49
40	75	South Africa	50
31,891	99,466	SUM
46,931	132,300	Total