June 19, 2018 18:07

Iran Exports to EU Rise Over 13%

Iran’s main export destinations were Italy with €1.18 billion, Spain with €792.24 million and France with €682.94 million worth of imports

Trade between Iran and EU members during the four-month period amounted to €6.63 billion, registering a 4.73% increase year-on-year.

Iran’s imports from the 28 EU member states fell by around 4.64% YOY to stand at €2.93 billion

Iran exported more than €3.7 billion worth of commodities to the European Union member states during the first four months of 2018, indicating a 13.57% growth compared with the similar period of the preceding year, according to Eurostat data shared with Financial Tribune.
The country’s main export destinations over the period were Italy with €1.18 billion, Spain with €792.24 million, France with €682.94 million, Greece with €655.05 million and Germany with €118.12 million worth of imports.
Iran’s exports to Slovenia, Luxembourg and Estonia experienced the highest year-on-year growth of 957.47%, 634.7% and 269.72% respectively.
This is while exports to the Netherlands, Bulgaria and Latvia saw the sharpest YOY decline of close to 94.2%, 67.2% and 42.95% respectively.

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Iran Foreign Trade Statistics