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Iran's Non-Oil Trade With EU Tops $8.5 Billion in 10 Months

Iran’s exports to EU states stood at $900.67 million from March 21, 2018, to January 20, indicating a 27.33% decrease, while imports were worth $7.66 billion, down 17.62% year-on-year
Iran's Non-Oil Trade With EU Tops $8.5 Billion in 10 Months Iran's Non-Oil Trade With EU Tops $8.5 Billion in 10 Months

Iran traded 6.73 million tons of non-oil commodities worth $8.57 billion with member states of the European Union during the first 10 months of the current fiscal year (March 21, 2018-Jan. 20) to register a 15.52% and 18.76% decline in tonnage and value respectively compared with last year’s corresponding period.
Latest data released by the Islamic Republic of Iran Customs Administration show Iran’s exports totaled 1.05 million tons worth $900.67 million during the period, indicating a 18.36% and 27.33% decline in tonnage and value respectively year-on-year.
Imports stood at 5.68 million tons worth $7.66 billion, down 14.97% and 17.62% in tonnage and value respectively YOY.
The European Union is a political and economic union of 28 member states located primarily in Europe.

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