Domestic Economy
0

Iran's Trade With EU Increases to €4.3 Billion in 11 Months

Iran exported €96.66 million worth of commodities to the EU from January to November 2021, registering an 80.92% growth, while imports grew by 4.26% to €3.5 billion
Iran's Trade With EU Increases to €4.3 Billion in 11 Months
Iran's Trade With EU Increases to €4.3 Billion in 11 Months

Iran and the 27 member states of the European Union traded €4.33 billion worth of goods in the first 11 months of 2021, registering a 7.9% growth compared with last year's corresponding period.
Bilateral trade grew by 30.3% in November to hit €499.67 million. 
Data released by Eurostat's database show Germany was the top trading partner of Iran in the EU region during the 11-month period, as the two countries exchanged €1.56 billion worth of goods, 2.78% less than the year before. 
Italy came next with €556.78 million worth of trade with Iran. A year-on-year comparison of trade volume indicates an 8.53% decline. 

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com