Iran exports large volumes of polyethylene, LNG, liquefied propane and butane gases, methanol and ethylene glycol. As of April, 2019 shipments of all of these products were down versus the same period in 2018, except ethylene glycol.
Iran’s exports through April 2019 were: 600,000 tons of HDPE, down 13%; 450,000 tons of LDPE/LLDPE, down 10%; 360,000 tons of LNG, down 97%; 1.1 million tons of liquefied propane gas, down 13%; 470,000 tons of liquefied butane gas, down 40%; 1.4 million tons of methanol, down 7%; and, 400,000 tons of ethylene glycol, up 15%.
As of June 7, 2019, the United States Department of Treasury applied new sanctions specifically against Iran’s Persian Gulf Petrochemical Industries Company, the country’s largest petrochemicals holding group, and its subsidiary companies. Further declines in exports may be evident in coming months.
From International Trader Publications World Trade Reports on polyethylene, LNG, Liquefied propane gas, liquefied butane gas, methanol and ethylene glycol. Reports are continuously updated based on latest available statistics from 90 countries.