Annual exports of nano-products up 110%

October 30, 2024 - 13:45

TEHRAN—Secretary of Iran Nanotechnology Innovation Council Emad Ahmadvand said that the country’s export of nano-products in the previous Iranian calendar year (ended on March 19) increased 110 percent compared to a year earlier.

As IRIB reported, Iranian producers exported $145 million of nanotechnology products in the mentioned year, according to Ahmadvand.

Iran had exported $69 million worth of nanotechnology products between March 21, 2022, to March 21, 2023, he noted.

The official said the total value of Iran’s nano-products in the previous year stood at $1.62 billion, of which about 91 percent was sold in domestic markets and only nine percent was exported.

Ahmadvand further pointed out that sales of nano-made 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, he added.

Presently, Iranian-made nanotechnology products are exported to 49 countries in the world, of which about 60 percent is exported to Iraq, Syria, India, China, and Turkey, the secretary of Iran Nanotechnology Innovation Council pointed out.

EF/MA