Export of petrochemical products has increased by about 30 to 37 percent in weight in the post-sanctions era, said the managing director of National Petrochemical Commercial Company on Friday.
Mehdi Sharifi Nik-Nafas told IRNA however that there had been no rise in terms of value mainly due to the decline in oil prices which resulted in lower prices of petrochemical products.
On the export of petrochemicals and the demand for such products in global markets, he said there is demand for the Iranian products in the world markets but the exports should keep up production.
The official said there are three representative offices in Germany, the UK and Switzerland and number of sales offices in Europe will increase in the future in line with exports to those destinations.
More than 46.4 million tons of petrochemical products were produced last year which constituted 80 percent of the nominal production capacity.
Last year, 18.1 million tons of petrochemical products were exported, showing a growth of 23 percent compared to the figure for the preceding year.
This year, 54,700,000 tons of petrochemical products will be exported.
Iran's petrochemical output will reach 160 million tons in next nine years from the current 61 million tons.