THERAN - Iran has successfully entered the South American market for the first time with its polymer exports, marking a significant milestone after over a decade of efforts.
The Iranian government began exploring the potential of exporting polymer products to South American countries as early as 2011, but it wasn’t until 2024 that these exports finally reached the region.
Although Iran had previously only succeeded in exporting chemical fertilizers to South America, the shift towards polymer exports represents a significant development. Such a move would alter profit margins for Iranian petrochemical exports. The marketing campaigns for various petrochemical products, including polymers, had already begun targeting countries in the region like Brazil and Argentina.
The successful shipment of polymer products to South America follows years of groundwork, with Iran’s petrochemical sector ramping up production capabilities. In recent years, Iran has seen substantial growth in its polymer industry, with polymers such as polyethylene now making a notable impact in global markets.