Key Market Indicators
In 2017, Iranian gas turbine exports totaled $1.76 million, down 79.4% from the 2016 total of $8.56 million. Since 2004, Iranian gas turbine exports have plummeted 57.5% year-on-year. Meanwhile, Iranian gas turbine imports reached $274.2 million in 2017, a 169% increase from the 2016 figure of $101.9 million. Since 2002, Iranian gas turbine imports have decreased 7.6% year-on-year. In 2017, Iran ranked first in terms of gas turbine imports, valued at $28.22 billion. The United Kingdom, France, and Singapore followed as the second, third, and fourth largest importers of gas turbines, respectively.
