Iran Nano Export Value Announced

The secretary of the Iran Nanotechnology Innovation Council (INIC) revealed recent statistics regarding the country’s exports of nano products. The total sales market for these products in 2022-23 amounted to over US$600 million, marking a 50% increase compared to the previous year.

“More than six percent of the market, equivalent to US$69 million, came from the export of these nano products,” according to Emad Ahmadvand, Mehr news agency reported.

In terms of market share, the construction, automobile, oil, gas, and petrochemical sectors emerged as the top three industries for nano products in 2022-23. The construction sector alone accounted for nearly half of the country’s nanotechnology market. Meanwhile, automobile and oil and gas industries heavily relied on nano catalysts.

Iran’s nano products have found a global market, with exports amounting to over US$69 million. Iraq, Afghanistan, Russia, Turkey, Georgia, and Azerbaijan were the main destinations for these exports, representing more than 80% of the total export volume.

Iran’s gas and petrochemical industries witnessed a boost in domestic production, with around 70% of the total nano catalysts being produced within the country. - Iran Daily