Iran Reports Rise in Exports of Paint, Resin

As announced by the spokesman of the Islamic Republic of Iran Customs Administration (IRICA), Iran exported 7,291 tons of paint and resin worth US$25.769 million during the first eight months of the current Iranian calendar year (21 March 21- 21 November) to register a 17% growth in value year on year.

Morteza Emadi said the export of the mentioned products has also increased by 9.5% in terms of weight, IRIB reported. Iraq, Azerbaijan and Afghanistan, Armenia, and Turkmenistan were the major export destinations of Iranian paint and resin in the mentioned eight months, according to Emadi.

Iran also imported 2,858 tons worth US$18.421 million of the said products in the mentioned eight months. The imports declined by 3% in terms of value and increased by 21% in terms of weight compared to the figures for the previous year’s same eight months, the official said. United Arab Emirates (UAE), South Korea, China, and Germany were the major exporters of paint and resin to Iran in the mentioned period.

Iran’s capital Tehran recently hosted the country’s biggest exhibition in the paint and coating industry. The 22nd edition of Iran’s International Paint, Resin, Coatings, Composites, and Plating Industries Fair (IPCC 2022) was held at the Tehran Permanent International Fairgrounds from November 30 to December 3.

During this four-day event, the latest products and services of more than 260 domestic and foreign companies active in the field of paint and related industries were presented. Chemical industry companies, paint, adhesive, resin manufacturers as well as companies active in the electroplating industry participated in the IPCC 2022. - Tehran Times