Domestic Economy
0

Exports to Greece Plunge 70%

Exports to Greece Plunge 70%
Exports to Greece Plunge 70%

Iran exported a total of $1.7 million worth of goods to Greece during the first three months of 2020 to register a 70% drop compared with the similar period of last year, according to secretary-general of Iran-Greece Chamber of Commerce.
“Our main exported products over the period were polystyrene polymers, mineral and chemical fertilizers, nuts, flute glass, vaseline and raisins,” Majid Movafeq Qadirli was also quoted as saying by ILNA.
The official noted that Iran imported $7.2 million worth of goods from Greece over the same period, registering more than a 60% decline. 
Diary production machinery, human and animal blood and transportation equipment were Iran’s main imports from its European partner.
“These figures pertain to a period when the Covid-19 virus pandemic had not yet made its negative impact on global economic interactions and are indications, rather, of how drastically the economic sanctions imposed against Iran have affected our bilateral trade, exports in particular,” he said.

Add new comment

Read our comment policy before posting your viewpoints

Financialtribune.com