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Significant Decline in Trade With Sweden

Significant Decline in Trade With Sweden
Significant Decline in Trade With Sweden

Iran’s trade with Sweden had decreased significantly over the past few years to reach €41 million in the fiscal 2020, according to the head of Iran-Sweden Chamber of Commerce.
"In 2017, the volume of trade between the two countries stood at €496 million, which in 2018, with the beginning of sanctions, decreased by about €100 million and reached €396 million … From 2019, the volume of bilateral exchanges decreased sharply and reached about €66 million. In 2020, it fell to €41 million," Abdolreza Rezaie Hanjani was also quoted as saying by ILNA.

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