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| SECTOR | IMPORTS | 5Y/YR | RANK | EXPORTS | 5Y/YR | RANK |
|---|---|---|---|---|---|---|
| Industrial Machinery | $995.5M | -11.4% | 58 | $25.3M | -28.0% | 78 |
| Automation and Robotics | $159.2M | -12.8% | 70 | $2.07M | -11.7% | 113 |
| Pumps and Valves | $670.5M | -4.6% | 56 | $6.80M | -31.9% | 97 |
| Material Handling | $162.0M | -3.9% | 73 | $7.86M | -7.7% | 79 |
| Food Processing Equipment | $194.7M | -16.2% | 61 | $5.82M | -30.4% | 79 |
| Steel and Metal Products | $1.15B | -13.1% | 90 | $2.84B | -13.7% | 56 |
| Specialty Chemicals | $676.5M | -17.9% | 74 | $118.3M | -19.4% | 79 |
| Plastics and Polymers | $735.6M | -13.2% | 86 | $2.31B | -11.2% | 41 |
| Packaging | $86.5M | -11.9% | 125 | $61.0M | -28.8% | 87 |
| Industrial Textiles | $158.7M | -12.3% | 68 | $11.0M | -22.9% | 81 |
| Electrical Equipment | $765.1M | -19.4% | 72 | $9.29M | -39.6% | 117 |
| Semiconductors and Industrial Electronics | $142.0M | -10.9% | 74 | $1.50M | -20.4% | 121 |
| Automotive Components | $1.20B | -3.6% | 53 | $22.1M | -22.9% | 89 |
| Aerospace Components | $12.8M | -28.3% | 112 | $115K | -29.2% | 173 |
| Medical Devices | $899.2M | -6.8% | 48 | $6.98M | -18.3% | 96 |
| Construction Materials | $57.8M | -25.4% | 151 | $448.9M | -15.9% | 47 |
| HVAC and Industrial Refrigeration | $129.5M | -23.0% | 98 | $13.4M | -23.3% | 80 |
| Power Generation Equipment | $82.0M | -29.8% | 91 | $4.84M | -46.0% | 89 |
| Water Treatment Equipment | $99.5M | -7.2% | 60 | $1.31M | -28.9% | 90 |
| Mining Equipment | $148.2M | -22.1% | 102 | $24.8M | -26.1% | 77 |
World Bank, World Development Indicators (CC BY 4.0)
GAZAB announced a new factory in the Damavand 2 industrial zone in Iran to expand manufacturing of pipe fittings, flanges and valves for oil, gas and petrochemical industries. No investment amount or timeline was given.
The National Iranian Oil Company signed a contract with the Oil Turbo Compressor Company to manufacture 14 turbo compressors of 15 MW each for southern Iranian oilfields. About $200 million is to be invested in the project.
A 42-inch motor-operated valve manufactured in Iran by a consortium of Iranian companies was installed at pump station No. 4 of the Goreh-Jask National Crude Oil Transfer project, according to Shana citing the National Iranian Oil Company.
Siemens won a contract worth a high double-digit million euro range to supply 12 compressor trains for two onshore gas processing plants in Iran, operated by Palayesh Parsian Sepehr through EPC contractor Hampa Engineering. Commercial operation is due by end-2018.
