Iran Exports over 1 Million Dollars of Nanoproducts Annually
By exporting more than $1 million worth of nanotechnology products overseas, the country plays a leading role in the global nanotechnology market, said Emad Ahmadvand.
Iran is busy and active in the field of exporting nanotechnology products to different countries and is now cooperating with various countries in the world in the fields of textile products and related equipment.
Iraq is considered a stable destination for the export of Iranian nano products in all industrial fields except nanomaterials, energy, and agriculture, he said, adding that Iran has the maximum exports to the neighboring countries including Iraq, Afghanistan, and Georgia in the field of the civil engineering industry.
He went on to say that India, Pakistan, and the United Arab Emirates (UAE) are Iran’s three major export destinations in the field of nanomaterials, adding that China and India stand at the first and second ranks in the world in terms of chemicals.
Iran exported more than $1 million worth of nanotechnology products to developed countries including Russia, the US, the UK, China, South Korea, and Germany in the previous Iranian calendar year (ended March 20, 2024), Ahmadvand added.
Official figures said in November that Iran’s exports of nanotechnology products in the past Persian calendar year (ended on March 19) increased 110 percent compared to a year earlier.
Iranian producers exported $145 million of nanotechnology products in the mentioned year, according to the official figures.
Iran had exported $69 million worth of nanotechnology products on March 21, 2022, to March 21, 2023.
The total value of Iran’s nanotechnology products in the past year stood at $1.62 billion, of which about 91 percent was sold in domestic markets and only nine percent was exported.
Also, the sales of nano-based products in Iran in 2023 increased by 104 percent compared to 2022.
The nano-coating technologies, nano-composites, and nano-catalysts accounted for the major share of the domestic market.
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