Commodities exports through Strait of Hormuz collapse, except for Iran

Published
0

Iran was the top exporter of commodities through the Strait of Hormuz in March, as shipments from other countries has fallen off a cliff with Tehran’s blockade of the vital waterway, data by analytics firm Kpler has showed.

Iran is usually the fifth largest exporter of commodities — goods such as crude oil and other petroleum products, liquified natural gas (LNG), and dry bulk including fertilisers — through the strait.

But shipments by Saudi Arabia, United Arab Emirates, Iraq and Qatar have dropped by at least 96 per cent each in March compared to the previous 12 months’ average, according to Kpler.

Iran’s shipments also fell — but by only 26 percent, the data showed.

Bahrain and Kuwait did not ship any commodities through the strait in March.

Qatar, normally a major LNG supplier, exported just 45,000 tonnes of butane and propane through the strait in March, and no LNG.

Opinion

Editorial

Fixing bond markets
Updated 01 Oct, 2026

Fixing bond markets

Pension funds, insurance companies, mutual funds, retail investors, and eventually, foreign investors must become bigger participants in the market.
Call centre rackets
01 Oct, 2026

Call centre rackets

A NUMBER of recent raids conducted by the authorities in different cities point to the growing threat fraudulent ...
Homeward bound
01 Oct, 2026

Homeward bound

FIVE months after Somali pirates captured an oil tanker carrying a 19-member multinational crew, Somali maritime...
Kashmir unresolved
Updated 30 Sep, 2026

Kashmir unresolved

The just solution lies in India addressing the issue through a trilateral dialogue involving the legitimate representatives of the Kashmiri people and Pakistan.
Water shortage
30 Sep, 2026

Water shortage

THAT the country is entering the Rabi season with an anticipated water shortage of nearly 25pc, the lowest carryover...
Young hearts
30 Sep, 2026

Young hearts

THE observance may have passed, but the message of World Heart Day should not fade with it. The occasion is a useful...